April 2025

Patria FAMOUS

EDA’s 2024 Report: EU Defence Spending Surges, But Is It Enough?

Questions remain about the effectiveness and sufficiency of efforts to address Europe’s security challenges, as the European Defence Agency (EDA) celebrates its 20th anniversary. However, there has been a significant expansion in defence spending and collaborative initiatives within the European alliance. Projects like CAVS and FAMOUS, counteract the fragmentation of the European defence industry. In

EDA’s 2024 Report: EU Defence Spending Surges, But Is It Enough? Read More »

All-Time High Order Intake: Saab (Sweden) – 2024 Performance Review and Growth Outlook

Saab AB delivered exceptional financial results in 2024, marking another year of accelerated growth as global demand for its defence products soared. Saab’s revenues have roughly grown by more than 50 percent over the past two years. Saab’s 2024 was marked by a flurry of technological advancements: new fighter and UAV tech, smarter sensors and

All-Time High Order Intake: Saab (Sweden) – 2024 Performance Review and Growth Outlook Read More »

Global Expansion and Digital Shift: Patria (Finland) – 2024 Performance Review and Growth Outlook

Finland’s Patria Group recorded strong financial growth in 2024, fuelled by defence procurement upticks post-NATO accession. Net sales reached €825.7 million in 2024, a healthy ~12.5 percent increase from €733.8 million in 2023. Patria is expanding globally while strengthening its digital operations. Last year continued an upward trend – 2023 sales were up from ~€547

Global Expansion and Digital Shift: Patria (Finland) – 2024 Performance Review and Growth Outlook Read More »

A Kongsberg Naval Strike Missile, launched from a warship – one of the company’s flagship products experiencing record demand. (Image: Kongsberg)

Operating in More Than 40 Countries: Kongsberg (Norway) – 2024 Performance Review and Growth Outlook

Kongsberg Gruppen achieved all-time high revenues and profits in 2024, capping a multi-year growth streak. The company’s success in 2024 reinforced its importance: it continues to deliver both economic value – profits, jobs, tax revenues – and strategic value – equipping Norway and allies with cutting-edge systems, such as anti-ship cruise missiles. Operating revenue of Kongsberg

Operating in More Than 40 Countries: Kongsberg (Norway) – 2024 Performance Review and Growth Outlook Read More »

Niccolò Machiavelli’s The Art of War (1521)

Bunker Books: Niccolò Machiavelli’s The Art of War (1521)

While Niccolò Machiavelli’s The Art of War may not enjoy the same renown as The Prince, its insights into the nexus of military organization and political stability have influenced subsequent military leaders and strategists over the centuries. Machiavelli’s The Art of War is a seminal dialogue that delves into the interplay between warfare and politics,

Bunker Books: Niccolò Machiavelli’s The Art of War (1521) Read More »

Liquid iron molten metal pouring in container, industrial metallurgical factory. (Image: Shutterstuck)

War of Factories: Russia Ramps Up Weapons Production, Europe Falls Behind, RUSI Finds

An analysis by the Royal United Services Institute (RUSI) reveals that Russia has dramatically outpaced Europe in the race to produce arms during the war in Ukraine, raising alarm about NATO’s readiness. The report, “Winning the Industrial War: Comparing Russia, Europe and Ukraine, 2022–24,” finds that Moscow’s defence industry surged ahead with a clear plan,

War of Factories: Russia Ramps Up Weapons Production, Europe Falls Behind, RUSI Finds Read More »

Bunker Books: Annie Jacobsen’s Nuclear War: A Scenario

Annie Jacobsen’s “Nuclear War: A Scenario,” published by Torva Books, offers a harrowing exploration of the catastrophic consequences of nuclear conflict. Through meticulous research and compelling storytelling, Jacobsen presents a minute-by-minute account of a hypothetical nuclear war, blending factual information with speculative scenarios. Jacobsen opens her account of nuclear war with a quote from Winston

Bunker Books: Annie Jacobsen’s Nuclear War: A Scenario Read More »

×