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Temasek eyes defence deals as Europe boosts military spending, executive says

Temasek will target dual-use technologies and larger European deals, with defence now seen as a response to rising government budgets.

Summary by Asia One
PARIS – Singaporean state investor Temasek is looking to increase its investments in defence as the war in Ukraine prompts European governments to boost military spending, a senior executive said.Defence will form part of Temasek's broader push to invest more across Europe, the Middle East and Africa, which today (July 24) account for just 12 per cent of its $518 billion portfolio."We have so far in the last two years invested something like €13…

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Temasek eyes defence deals as Europe boosts military spending, executive says

·London, United Kingdom
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The president of Temasek Global Investments, the Singaporean investor entity dedicated to global direct investment, details for L'Agefi its strategy on artificial intelligence, its bets in the Gulf and its commitment to European innovation.

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L'AGEFI broke the news on Friday, July 24, 2026.
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