EuropeanMilitary

Germany's Defense Spending Boost to Favor European Firms, Reshape Industry Landscape

1 month ago

Germany is preparing for a significant increase in its defense budget, which is expected to favor European aerospace and defense companies over their non-European counterparts. This shift comes in light of rising geopolitical tensions and an urgent need for European nations to bolster their military capabilities.

Rheinmetall Sees Booming Orders Amid Surge in European Defense Spending

5 months ago

In a striking turn of events spurred by rising geopolitical tensions and a persistent focus on military readiness, Rheinmetall AG, the renowned German defense contractor, has reported a remarkable surge in order intake, illustrating a broader trend of increased military spending across Europe. This uptick in defense procurement reflects the continent's commitment to bolstering its armed forces in response to escalating global threats.