Business

SAAB 80 years in Finland, three pictures

From Bofors Guns to Silent Sensors: Saab’s 80 Years in Finland

Saab’s Finnish history began in defence, became part of everyday life through hundreds of thousands of cars and has now returned to high technology at remarkable speed. From Bofors guns and Winter War aircraft to Draken fighters, Uusikaupunki convertibles, naval combat systems and three-kilogram electronic warfare sensors, Finland has become one of Saab’s most deeply

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Ukrainian front-line drone company expands to Finnish production: Why General Cherry chose Patria

A Ukrainian drone maker born during the full-scale war is preparing to bring its combat-tested technology into partnership with one of the Nordic region’s biggest defence companies. General Cherry brings battlefield feedback, rapid development and production capacity measured in tens of thousands of drones. Patria brings industrial scale, systems expertise and access to Western defence

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Terma’s Summer Deal Spree Pushes It Deeper into Europe’s Defence Architecture

A nationwide Danish counter-drone system, an acquisition in encrypted communications and new contracts in satellites and naval self-protection have materially changed the Terma story since the summer. The Danish group is increasingly selling integrated defence architecture rather than individual pieces of hardware, while radar, space and lifecycle services are becoming more important growth engines. Terma

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Saab After Q2 2026: Disclosed Orders Rise and GlobalEye Gathers Pace

Saab’s second quarter established that the Swedish group could turn Europe’s defence boom into revenue and profit. The three months since the end of June have strengthened the case. At least SEK 47.5 billion of identifiable orders have either arrived during the third quarter or were explicitly scheduled for Q3 booking, while GlobalEye has moved

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When Markets Whisper War: Suspicious Trading Risks Exposing Military Operations

A growing body of evidence suggests that financial markets may be doing more than reacting to geopolitical shocks. In several recent cases, they appear to have anticipated them. That raises a harder question than legality. If trading activity reveals patterns ahead of military decisions, it may also be revealing those plans to adversaries. Recent reporting

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Opening ceremony of BEDEX 2026 - with Theo Franken, the Belgian Minister of Defence and NATO Secretary General Mark Rutte.

NATO’s Rutte at BEDEX: “Belgium is back”

The first BEDEX functioned more as a political-industrial meeting point, less as a traditional arms fair. NATO messaging, European defence industrial cooperation and supply-chain building all converged in Brussels. BEDEX served mainly as a venue for industrial cooperation announcements rather than large procurement contracts. The Belgian Minister of Defence raised a current topic: How the

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Record Growth for Nordic Defence Industry Leaders – Kongsberg, Patria and Saab in 2025

Sweden’s Saab AB, Norway’s Kongsberg Gruppen and Finland’s Patria each delivered outstanding results in 2025, reflecting a historic surge in European defence demand. All three reported double-digit revenue growth and record order backlogs. Together, they captured numerous major contracts and invested heavily to expand capacity. All three Nordic firms are clear beneficiaries of the unprecedented

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European Defence Stocks Surge on Greenland Rift and Rising Budgets

Investors in Europe’s defence industry are unintended winners from the Greenland drama, beyond Moscow and Beijing. Donald Trump’s threats towards Denmark have accelerated a trend already underway, as rising military budgets and doubts about the durability of US security guarantees push European arms makers to record valuations. Markets are treating rearmament less as a political

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Germany’s Rearmament Surge: Patria’s Historic €2bn 6×6 Vehicle Deal

Germany’s defence procurement is surging to historic levels. In mid-December 2025, the Bundestag’s budget committee cleared roughly €50 billion in new equipment contracts, pushing the 2025 defence budget to a record around €83 billion. Among the more than 100 projects approved, Patria secured a €2 billion contract with the German Bundeswehr for 6×6 CAVS armoured

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