Tag: defense
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Australia, Fiji sign defense alliance pact to counter China
Fiji, which had grown closer to Beijing under its former leadership, will now consult Canberra on security developments.
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Trump set to put NATO unity to the test at Turkey summit
NATO Secretary-General Mark Rutte is working to keep the alliance united and Donald Trump engaged. But disputes over burden sharing, US military commitments, and the Iran war are creating a major test for NATO unity.
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Germany: Merz rebukes Trump jab over defense at Baltic event
In a meeting with Baltic leaders, Germany’s Chancellor Friedrich Merz played up Germany’s defense spending. It comes after new criticism from President Donald Trump that Germany is lagging behind other NATO allies.
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KNDS: German-French tank manufacturer postpones IPO
The German government had been set to purchase a 40% stake in KNDS, but the prerequisite stock market flotation has been postponed. Meanwhile, a German drone start-up has raised $1 billion in fresh funding.
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Autonomous drone startup Quantum Systems raises $1.2 billion as investors pile into defense
Defense tech startups are raising record amounts on both sides of the Atlantic amid a flurry of investment in the sector.
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Russia’s neighbor Lithuania scraps constitutional ban on nuclear weapons. Here’s why
The decision comes shortly after lawmakers in Finland voted to lift its longstanding ban on nuclear weapons.
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Tank maker KNDS postpones IPO amid market struggles for defense
Shareholders of the Amsterdam-based company have decided the process to IPO will proceed “upon the return of more favorable market conditions,” KNDS said.
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Buy the UK DIP? Defense stocks lifted by $20 billion spending boost as gilts come under fire
British defense stocks are marching higher once again after the U.K. confirmed a near-$20 billion military spending boost on Tuesday.
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Europe’s defense boom faces a new test: Can it actually deliver weapons?
Europe’s defense boom faces a test as investors weigh whether budgets and backlogs can become weapons, factories and returns.
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AeroVironment skyrockets 21% as dronemaker capitalizes on defense spending surge
AeroVironment is benefiting from U.S. plans to modernize the U.S. military and secure space.
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