Share with your friendsBAE 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
Share with your friendsThailand 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
Saab Secures Thai Sale, India Still on the Radar Read More »
Share with your friendsDefence systems often suffer from a glaring disconnect between mission and logistics. ILIAS Solutions – a leading digital defence platform now under Patria’s wing – is set to close that gap. The acquisition marks Patria’s serious move
Efficiency in Defence Operations: Connecting Strategic, Operational and Tactical Data Read More »
Share with your friendsRheinmetall AG delivered record financial results in 2024, driven by surging demand amid Europe’s “Zeitenwende”, historic shift in security policy. Group sales jumped 36 percent to €9.75 billion, from €7.18 billion in 2023, reaching the company’s target of
Share with your friendsModernising its military and flexing its muscle in the Middle East, Saudi Arabia has signed $142 billion worth of arms deals with the U.S. It’s also pledged to pour $600 billion into American investments over the next
Trump’s Saudi Visit: $142 Billion Arms Bonanza and a Nuclear Gambit Read More »
Share with your friendsSaab 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.
All-Time High Order Intake: Saab (Sweden) – 2024 Performance Review and Growth Outlook Read More »
Share with your friendsFinland’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
Share with your friendsKongsberg 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
Share with your friendsThe United States has dominated the global arms trade for decades. In the past five years, its exports have surged, reinforcing its position at the top. But the ground is shifting. What are the trends, who are
U.S. Tops Arms Trade – While Allies Plot a Plan B Read More »
Share with your friendsIn response to escalating geopolitical tensions and a shifting global security landscape, the European Union (EU) has unveiled an ambitious plan to bolster its defence capabilities. Dubbed the “ReArm Europe” initiative, this strategy aims to mobilize up
ReArming Europe: €800 Billion Defence Investment Project Read More »
