Finance news

Thales to buy French underwater-drone maker Exail in $4.5 billion deal

Industry champions in France and Italy move to consolidate their positions in a growing market for unmanned underwater naval equipment.

Russian strikes kill 20, exposing Ukraine’s air-defense shortage

President Volodymyr Zelenskyy has repeatedly pleaded for more interceptors — the only weapon in its arsenal that can shoot down ballistic projectiles.

Pentagon’s top new weapons programs are 12 years behind schedule: Watchdog

A new GAO report examined 104 of the Pentagon’s most expensive weapons programs.

NATO summit in Ankara: NATO chief: US allies invest four percent

US President Trump insists that European NATO partners take more responsibility - and spend more money on defense. The Secretary General of the Alliance gives a number for the summit.

Defense: Strong Europe, arms industry, Ukraine: These topics determine the NATO summit

Shortly before the NATO summit, the US President once again accused the Europeans of a lack of commitment. Those who were scolded want to prove Trump wrong in Ankara.

BP, JERA Raise Stake in 2 Belgian Offshore Wind Farms

JERA Nex bp, the 50:50 offshore wind joint venture of Japan's JERA and Britain's BP, completed the purchase of Sumitomo's stakes in two Belgian offshore wind facilities with a combined capacity of 384 megawatts.

NATO tensions are ‘growing pains,’ U.S. ambassador says as Trump presses allies

U.S. Ambassador to NATO Matthew Whitaker said NATO's allies boosting defense spending under pressure from Trump reflects “growing pains,” not a crisis.

Pentagon launches ‘War Force’ campaign in push for software engineers

The Defense Department describes it as part of an overall strategy to automate and improve government technology.

Federal budget: Cabinet launches budget – why there is a lot of criticism

More money, especially for defense, higher debts – and cuts in the climate fund. This shapes the federal government’s draft for the 2027 budget.

Armament: German TKMS probably receives mega submarine order from Canada

The contract to build twelve submarines for Canada has apparently gone to the German manufacturer TKMS, as German government circles confirm. The stock is rising significantly.

Defense industry: TKMS apparently receives mega submarine order

According to a media report, Thyssenkrupp's marine division TKMS has secured a major submarine order from Canada. The stock reacted promptly.

Turkey and European NATO allies draw closer, but tensions remain: Experts

Turkey is “well-positioned to contribute” to NATO on several fronts, one analyst told Breaking Defense, but others noted distinct geopolitical sticking points.

Trump to Meet Zelenskyy at NATO Summit as Ukraine War Diplomacy Resumes

US President Donald Trump will meet Ukrainian leader Volodymyr Zelenskyy on the sidelines of this week's NATO summit in Ankara, the White House announced on July 5, as Washington seeks to revive stalled diplomacy over Russia's war while pressing Europe to take greater responsibility for the continent's defense. The announcement came a day after Trump held separate telephone conversations with Zelenskyy and Russian President Vladimir Putin, underscoring the administration's effort to position its

'Electronic warfare is a tech phenomenon': Why the market is rethinking defense valuations

There's a growing investment in newer areas of defense such as deep strike capabilities, anti-drone and unmanned systems, with different priorities for different countries.

Budget: Cabinet launches budget for 2027

More money for defense, higher debt and cuts in the climate fund. These measures shape the draft budget for the coming year. A planned step in particular triggers criticism.

Finances: Cabinet gets budget underway - why there is a lot of criticism

More money, especially for defense, higher debts - and cuts in the climate fund. This shapes the federal government's draft for the 2027 budget. Why there is criticism.

Armament: Ukraine forms a drone alliance in Asia – and deliberately bypasses China

The Ukrainian Chamber of Commerce in Japan announces cooperation in the drone industry. An innocuous argument should help companies that want nothing to do with armaments.

European next-gen GCAP fighter program pushes ahead with $6.1 billion contract

After the collapse of rival European fighter program FCAS, the new infusion means GCAP’s future “has never been more assured,” a program official said.

NATO summit host Turkey sees its alliance clout rising amid war raging nearby

Government leaders hope to show off the country's burgeoning defense industry at the alliance event.

NATO summit spotlights Turkey's arms industry

India and Japan to develop stealth technology for warships as faith in US wavers

India and Japan have agreed to jointly develop technology that makes Indian warships harder to detect, in a move that analysts say takes their defence partnership to a new level and reflects growing unease in both capitals over how far they can rely on Washington. The project involves fitting Indian warships with Japan’s Unified Complex Radio Antenna (Unicorn) system, which lowers a vessel’s radar profile by combining multiple antennas into a single, compact structure and reducing the exposed...

Indonesia drops KF-21 co-production plans, eying stock warplanes instead

Officials in Jakarta are also considering fighter options other than the South Korean-made jets.

State elections: The party's contacts with Russia: Security politicians are pushing for precautions for the AfD's election victory

Defense Minister Pistorius wants to prevent a possible AfD government from gaining access to sensitive information. Other politicians from the SPD and the CDU/CSU also warn.

NATO summit: Merz explains German defense spending to Trump

The US President described German defense spending before the NATO summit as “ridiculous”. The Chancellor doesn't let this slide and corrects the numbers used by Trump.

Finance: Criticism of budget plans - “looting” of climate funds

More money, especially for defense, higher debts - and cuts in the climate fund. This shapes the federal government's draft for the 2027 budget. Why there is criticism.

Armament: The Bundeswehr could soon order the first fighter-bomber drones

The schedule is ambitious. Around 500 of these drones should be ready for use as early as 2029. The German arms industry is expecting a major order worth billions.

Armor: Thales reaches out to underwater drone specialist Exail

Thales wants to take over the underwater drone specialist Exail. The company wants to strengthen its position in underwater warfare.

Exail: Thales reaches out to underwater drone specialists

The shares of the drone company Exail have increased sixfold in recent years. Now a large arms company from France is taking over the specialist.

Australia and Fiji sign defense pact to counter China influence

isn't it Unfair that Apple with so much less infrastructure is worth ≈4 trillion $ ,while Samsung with a massive infrastructure is just worth ≈ 1 trillion $

​ yes, many of you would argue that it's about the company's vision etc etc. But Samsung also has a wide and futuristic vision, and covers fields such as Consumer electronics, smartphones, tablets, laptops, desktop computers, televisions, monitors, home appliances, semiconductors, memory chips, processors (SoCs), foundry services, display panels (OLED/QLED/LCD), batteries, energy storage systems, telecommunications equipment, 5G/6G infrastructure, artificial intelligence, robotics, software deve