Finance news

Nato launches defence projects to counter Russia and China

Nato member states unveiled a series of defence initiatives on Tuesday aimed at strengthening weapons development, production and supply chains in response to security challenges posed by Russia and China. Speaking at the Nato Summit Defence Industry Forum (NSDIF) on the first day of this year’s summit in Ankara, Turkey, Nato Secretary General Mark Rutte announced several new projects involving member states and defence contractors to bolster the alliance’s advanced military capabilities. Among.

NATO summit: Germany reports record defense spending to NATO

Five NATO states are expected to achieve the alliance's goal this year. Meanwhile, the federal government is reporting its own record – again.

Alliance summit in Ankara: Germany reports record defense spending to NATO

Just in time for the start of the summit in Ankara, NATO is publishing new figures on the defense spending of the alliance states. Above all, they are intended to convince the most powerful guest at the table.

Why the Pentagon wants a new drone chief, plus GCAP moves ahead

This week on The Break Out, the US military added a new drone chief while the UK, Italy and Japan advance plans for a new fighter jet.

Armament: GCAP fighter jet receives more funding – German participation possible

The British government is increasing funding for the fighter jet project with Japan and Italy. Germany would also be welcome as a financially strong partner. But there is a catch.

Eight NATO allies launch HALO satellite constellation initiative

The project aims to stitch together spacecraft managed by individual member countries into one mega-constellation, alliance officials said.

From GlobalEye to Triton, first wave of NATO Summit deals bet big on aerial capabilities

The air power shift also comes as allies attempt to come to terms with the US opting to scale back some of its military assets in Europe and as they brace for Trump’s Summit address where he will reportedly urge them to increase defense spending.

NATO announces billions in defense deals. What investors should watch for now.

A number of major defense companies, including Rheinmetall and Lockheed Martin have announced billions of dollars worth of backlogs

What does China’s submarine missile test mean for its nuclear triad expansion?

China’s rare launch of a ballistic missile from a nuclear-powered submarine into the deep Pacific sent a strategic signal to the United States and regional neighbours, particularly Japan, amid concerns about Beijing’s military expansion. Monday’s test is also likely to reinforce calls in Washington and among US allies for greater defence investment and closer security coordination as regional tensions continue to rise, according to analysts. What happened during China’s submarine-launched...

Six Key Issues to Watch at NATO’s Ankara Summit

NATO leaders are meeting in the Turkish capital, Ankara, for the alliance’s annual summit on July 7-8 in the shadow of the Iran war and American complaints that not all European allies are pulling their weight when it comes to defense spending. The expectation is that US President Donald Trump will have harsh comments for several of his European counterparts as they meet for a dinner on the first day and then an expected three-hour session of the North Atlantic Council on the second and final da

Marine Corps drafting new strategic vision for its information warfare arm

The forthcoming plan, described in broad strokes to Breaking Defense, is the first of its kind and is akin to the annual Marine Corps Aviation Plan.

Chinese ballistic missile test is said to undermine nuclear weapons-free zone in South Pacific

China has repeatedly called out the AUKUS nuclear submarine deal between Australia, the U.S. and the U.K. as violating the treaty.

US will lift sanctions on Turkey, possibly sell F-35 fighter jets, Trump says

The sanctions were imposed in 2020 over the country's purchase of Russian defense missiles.

TKMS wins submarine contract: This is how TKMS secured the superlative submarine deal

Twelve submarines, more than 37 billion euros: TKMS wins the largest arms deal in the company's history shortly before the NATO summit. But crucial details are still open.

F-35 for Turkey? Trump says ‘certainly, we’ll consider’ reversing ban

“We’re going to be taking the sanctions off,” the president said. “We’re going to be taking the sanctions off. It’s time to do that. Ok? We don’t want to sanction friends. It’s very simple.”

BörsenTag: Along with TKMS, these submarine shares are interesting for investors

The German arms company TKMS is building up to twelve submarines for Canada. The stock is expensive. But there are cheap alternatives.

Armament: Record orders: What does the submarine deal from Canada mean for TKMS?

The contract from Canada is considered the greatest success in the company's history. But that's just where the challenge begins: TKMS has to manage several billion-dollar projects at the same time.

Deal at NATO summit: For the first time, US missile production will be entirely on German soil

On the sidelines of the meeting in Ankara, a historic agreement was reached between Rheinmetall from Germany and Lockheed Martin from the USA.

Executives: German weapons manufacturers are looking for these profiles

The situation on the labor market is tense – one exception is the arms industry. A survey by Handelsblatt shows what opportunities there are for managers.

Egypt inaugurates sprawling ‘Octagon’ military headquarters complex

Egyptian President Abdel-Fattah el-Sissi said the strategic command represented a “significant leap” in Egypt’s command and control and operations management systems.

Technology group: Diehl is growing with armaments and aviation

Business with air defense systems is in full swing for the Nuremberg company. The board is confident that it will be able to increase sales to six billion euros this year.

China missile test over Pacific alarms island nations

Chinese lidar maker with Nvidia ties accused of being cyber risk for U.S.

Hesai Technology was blacklisted as a national security threat in 2024 by the U.S. Department of Defense, which designated Hesai as a Chinese military entity.

Germany set to become first international site for ATACMS missile production

The move addresses a bottleneck, as Lockheed Martin has been winding down ATACMS output at its Camden, Arkansas, site while prioritizing newer missiles.

Armament: Diehl is booming thanks to the armaments business – and is planning new records

Airplane toilets, water meters and guided missiles: The Diehl Group's business model is surprisingly robust thanks to the armaments boom. The people of Nuremberg are now pushing ahead with two projects.

TKMS wins submarine deal: With this strategy, TKMS secured the superlative submarine deal

Twelve submarines, more than 37 billion euros: TKMS wins the largest arms deal in the company's history shortly before the NATO summit. But crucial details are still open.

Alliance summit in Ankara: NATO chief calls for “revolution” in the defense industry

NATO boss Mark Rutte sees the alliance as exposed to considerable danger. At the summit he is now also making demands on the arms industry

India to supply Indonesia with long-range missiles

India will supply Indonesia with long-range missiles, an Indian official said on Tuesday as their leaders agreed to deepen ties in defence, critical minerals and other areas. President Prabowo Subianto is hosting Indian Prime Minister Narendra Modi in Jakarta during a three-day state visit, with a deal on the BrahMos missile system topping the agenda. An agreement for “cooperation on BrahMos system” was struck during the visit, Indian foreign ministry spokesman Randhir Jaiswal said in a post on.

Submarines for Canada: the core of common defense – without Trump

Germany celebrates winning the contract for the marine group TKMS. However, the billion-dollar project from Canada does not allow any delays. Can that be done?

Polish defense giant PGZ to produce Anduril’s Barracuda cruise missile

Local production could make the weapon eligible for purchases by other European nations through a European Union lending scheme, according to PGZ.