Tag: defense
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Lobbying push to nix Pentagon defense contractor share buyback ban heats up
Defense companies and their trade groups are pressing Congress against writing a requirement that the Pentagon approve stock buybacks into law.
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Why is Germany taking a big stake in a major tankmaker?
The German government will buy a 40% stake in tankmaker KNDS. The deal is as much about control in the critical defense sector as it is about the Franco-German relationship.
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Ukraine, Poland smooth over WW2 dispute at Gdansk aid forum
Ukraine and its European allies are looking to encourage investment in Kyiv’s post-war recovery. The first tranche of an EU loan has already arrived with more deals on the table. But relations with Poland are strained.
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Defense stocks slide again, as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom
Rheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.
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Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles
The White House is pressing major defense firms to expand missile and munitions output as Iran talks and weapons stockpile concerns put new pressure on the Pentagon’s industrial base.
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White House requests $87.6 billion supplemental spending for Iran war, farm aid
White House Office of Management and Budget Director Russell Vought asked House Speaker Mike Johnson for billions in extra spending for the Iran war.
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Southeast Asia boost defense ties but avoids firm alliances
Countries across the region are expanding defense cooperation in ways that change the South China Sea equation but fall short of a new anti-China bloc.
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Germany news: Major warship project to be scrapped
The Defense Ministry is dropping a multi-billion-euro project to build F126 frigates, media say. And train services have resumed after a communications glitch overnight halted Germany’s rail network . DW has more.
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Germany news: Pistorius to scrap warship project
The Defense Ministry is dropping a multi-billion-euro project to build F126 frigates, media say. Train services have resumed after a communications glitch overnight. DW has more.
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Defense stocks plummet after Germany to scrap warship plans; Rheinmetall stock down 13%
Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.
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