European companies rush to tap defence spending boom

European companies rush to tap defence spending boom

Industrial groups are converting production facilities or adapting existing technology for military use

DNB to join defence rush with security-focused fund pair

With defence stocks on the rise, DNB is rolling out two new funds with a bet on Europe’s security focus.

The solidarity surcharge (Soli) should once finance reunification – that is outdated today, critics say. A DIW economist wants to direct the almost 13 billion euros in the future into defence.

Airbus Engages in Defense and Space Talks Amid Europe’s Spending Surge

TOULOUSE, 27 March - Airbus, the European aerospace giant, revealed that it is engaged in discussions with several European nations regarding new defense and space orders. This announcement, made during a company event in Toulouse, France, comes as the continent experiences a notable surge in defense spending, coupled with improving supply chains for Airbus’s core jetliner business. Senior executives, including Airbus Defense and Space CEO Micha…

European Union Will Spend $867 Billion on Collective Security and Decoupling American Companies from Europe

As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that U.S. companies will benefit [...]