Defence expenditure: how a medium-sized company experiences the arms boom

Demand is also rising rapidly with the Schleswig-Holstein armaments company Vincorion. There, more speed is desired in procurement and greater planning security. By Julia Wacket.

Czech firms doing business in the defence industry should be able to access loans more easily. The government has decided to increase the capital of the Export Guarantee and Insurance Company (EGAP) by 500 million, which should open the way for companies to borrow five billion crowns. Thus, the loans will be covered by money from EGAP.

On Friday 21 March, François Bayrou was travelling to Bourges, at the heart of the historical bastion of the French arms industries. The region alone concentrates the main defence groups, including the one that provides the famous Canon Caesar, and the industrialists seem to be facing the challenge of a rise in power. The KNDS France Group has already tripled its cannon production, from two per month in 2022 to six in 2024. The objective of this…

On a visit this Friday to Bourges in the KNDS factory that manufactures the Caesar cannons, François Bayrou called on the arms companies to "produce faster and faster", defense companies "under pressure" wanted to clarify the Prime Minister, in a context of international tensions.

Mahytec has come to an end as a pioneer in hydrogen storage, the SME located in Dole (Jura) was bought in 2021 by the German group Hensoldt. But the crisis has gone through this, and in the face of a slowdown in the market, the shareholder no longer wants to finance the business. Just four years ago, the acquisition of Mahytec by Hensoldt holding France was a fairy tale. The German group, which specialises in defence and electronics among other …

Parliament wants to enable the armaments company Nitrochemie in Wimmis in the Bernese Oberland to increase its capacity to defend itself. The company is a joint venture of the German Rheinmetall Group and Ruag MRO.