The transformation of Valmet Automotive’s Uusikaupunki plant from a Saab car line to a future armoured-vehicle factory marks a new chapter in Finland’s industrial evolution: farewell, cars — welcome, armour. When Patria Land Oy and Valmet Automotive Oyj announced their
Sweden has taken a historic step towards becoming a major arms supplier to Ukraine, signing a letter of intent (LOI) covering the export of up to 150 Saab JAS-39 Gripen E fighters. President Volodymyr Zelenskyy and Prime Minister Ulf Kristersson
Stockholm Opens Path for 150 Fighters to Ukraine Read More »
The Defence & Security Equipment International (DSEI) exhibition, held at London’s ExCeL centre on 9–12 September 2025, was one of the largest in the show’s history, drawing more than 1,600 exhibitors and 45,000 attendees. The event ran against a turbulent geopolitical backdrop
DSEI 2025 – Innovation, Partnerships and New Kit in London Read More »
In the aftermath of Russia’s invasion of Ukraine, European governments have boosted defence budgets and begun a slow re‑armament. Listed defence firms have enjoyed surging valuations, while privately held groups are looking for ways to fund expansion. Against this backdrop,
KNDS: A Franco–German Land‑Systems Champion on the Road to a Potential IPO Read More »
Finnish defence firm Patria and UK-based Babcock International Group have sealed a teaming agreement to produce the Patria 6×6 armoured vehicle within the United Kingdom, as part of the multinational Common Armoured Vehicle System (CAVS) programme. Babcock may open more
In mid-July 2025, Finland’s navy was alerted to an unusual visitor: INS Tamal, a newly delivered Indian Navy frigate built in Russia, was transiting northern European waters. Finnish and Swedish maritime authorities confirmed Tamal reported it was bound for the
Indian Warship in the Baltic Sea: Signalling Support for Russia Read More »
Denmark is dramatically boosting its Arctic surveillance capabilities by purchasing four over-the-horizon unmanned drones. Norway has also been studying long-range drones for its High North, eyeing the MQ-9B and other platforms for Arctic surveillance. This is a significant upgrade of
Arctic Defence: Denmark to Patrol Airspace with Over‑the‑Horizon Drones Read More »
Chancellor Friedrich Merz has secured an exemption for military expenditure from Germany’s strict debt-brake rules, enabling a dramatic boost in the defence budget – and reverberating through Europe’s defence industry. Germany is embarking on its largest military buildup in decades,
Germany’s Historic Military Expansion €83 Billion Defence Budget for 2026 Read More »
BAE Systems delivered robust financial results in 2024, reflecting strong defence sector momentum. Annual sales reached £28.3 billion, a ~14% year-on-year increase in constant currency terms. Underlying EBIT climbed to £3.0 billion, up 14% in constant currency, and operating profit was £2.69 billion,
Thailand is modernising its air defences by selecting the Saab Gripen E/F fighter jet as the next cornerstone of the Royal Thai Air Force (RTAF). Thailand’s renewed interest in the Gripen signals a desire for strategic flexibility in a region
Saab Secures Thai Sale, India Still on the Radar Read More »
