Spanish defence firms offer to build new fighter after FCAS collapse
The companies said prolonged uncertainty threatened not only their own expertise and resources but also the stability of their partners and supply chains.
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Popular articles tagged "defence industry"
Buy European: Sweden orders €4 billion worth of frigates in France
Sweden has selected France’s Naval Group to supply four new frigates in a major defence contract worth approximately €4 billion, marking one of the largest military…
EU ammo supplier accused of profiteering with Soviet-era stockpiles sold at premium price to Ukraine
A major Central European defence contractor at the heart of the European Union’s emergency push to arm Ukraine is facing explosive allegations that it has built…
Belgium’s sovereign wealth funds invests in the arms sector
Belgium is making a strategic shift by investing public money into the defence industry, marking what officials describe as a “historic turning point”.
CEO of Rheinmetall ridicules Ukrainian drone industry as ‘housewives playing with Lego’
The CEO of Germany’s biggest defence company Rheinmetall drew widespread criticism after ridiculing Ukraine’s drone production, which he denigrated as "Ukrainian…
The future of defence is increasingly private
The dizzying pace of military technology and tactical innovation that we are experiencing at present is outstripping the ability of the public – and even specialist…
VW may convert car factory into Israeli Iron Dome production site
German automotive group Volkswagen (VW) is reportedly in talks with Israeli defence company Rafael Advanced Defence Systems over plans to convert a struggling German…
Updated: Renault to start long-range military drone production at two plants
French automobile maker Renault is reportedly starting production of long-range drones for military use at two of its plants in France.
Serbia ‘signs major weapons deal’ with Israeli producer Elbit Systems
Serbia has reportedly signed a major contract with Israeli weapons producer Elbit Systems, emphasising the emerging political alliance between the two countries.
‘French defence industry at increasing risk of malicious action,’ warns intelligence agency chief
A rise in both online and physical attacks has threatened France's defence industry, according to Général Philippe Susnjara, director of the French Government’s…
Blast hits Czech defence group STV facility, police say technical defect likely cause
An explosion hit a facility of Czech defence group STV on Tuesday, officials said, with police saying the blast was likely caused by a technical defect in a production…
Rheinmetall mulls converting German VW facility into military vehicle production site
German weapons manufacturer Rheinmetall has announced plans to convert a Volkswagen car factory in Osnabrück (Lower Saxony) into a production facility for armoured…
Belgian defence minister eyes Brussels-based Audi factory as military production site
Belgium’s recently closed Audi Brussels factory could soon be transformed into a military defence production site, the country's Minister of Defence Theo Francken…
Airbus to cut more than 2,000 jobs across Europe, including almost 700 in Germany
Airbus has announced it is cutting more than 2,000 jobs across Europe within its Defence and Space division, citing economic challenges and intensifying competition…
Europe’s small arms companies struggle for cash despite military spending boom
Europe's small and medium-sized defence companies are struggling to access finance needed to drive innovation and grow production lines even as demand soars due…
Airbus to cut up to 2,500 jobs in defence and space, sources say
Airbus plans to cut up to 2,500 posts in its Defence & Space division after spiralling losses on satellite projects, two people familiar with the matter said on…
European Investment Bank to boost defence spending
The European Investment Bank (EIB) said it plans to increase its investments in European defence, focusing on elements such as drones, satellites and cybersecurity.
German defence industry says it will need government help to reduce dependence on China
German arms producers will need help from the government if they are to reduce their dependency on Chinese materials and still be able to compete with U.S.
The rise of the command economy: French defence minister ‘may force firms to make weapons for Ukraine’
French defence minister Sebastien Lecornu said he was prepared to use his powers to requisition industrial capacities or impose priorities to weapon makers to speed…
Design fault blows hole in new German frigates – they ‘cannot defend shipping’
The German Navy’s new frigates have a critical flaw - no third-party defensive rocket capability.
Central Europe’s arms makers scramble for workers as Ukraine boosts business
From building apartments for new employees to offering retired workers free canteen meals to share their expertise, Central Europe's arms manufacturers are…