Tag: defense
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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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AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
Dronemaker AeroVironment’s autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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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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