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 »
Defence 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 into digital services.
Efficiency in Defence Operations: Connecting Strategic, Operational and Tactical Data Read More »
Rheinmetall 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 ~€10 billion. Operating profit
Modernising 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 four years. The
Trump’s Saudi Visit: $142 Billion Arms Bonanza and a Nuclear Gambit Read More »
