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The defense boom shows no signs of slowing down: RENK Group, Antimony Resources, Lockheed Martin
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The defense boom shows no signs of slowing down: RENK Group, Antimony Resources, Lockheed Martin
RENK Group – Record Orders, Cash Flow Dip, and a US Push The Augsburg-based drive specialist is in the midst of a geopolitical double effect. On the one hand, NATO programs are filling the order books. Currently, there is EUR 6.68 billion in the order backlog, more than four times the annual revenue. New orders for tank transmissions and unmanned naval systems underpin long-term visibility well into the 2030s. On the other hand, reality is putti…
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