EU Defence Spending 2025: Maritime Industry Growth and Challenges – News and Statistics
Aug 27, 2026 European Union defense expenditures climbed to €418 billion in 2025, marking a 20% jump from…
Munich emerges as powerhouse of German defence industry
The German defence industry is concentrating rapidly around Munich, the capital of Bavaria, generating jobs and revenue whilst…
German drone maker Helsing enlists Rakuten to broker Japan military deal
German drone maker Helsing has enlisted Japanese e-commerce and finance firm Rakuten to help finalize a deal to…
Patria, KNDS to Assemble Patria 6×6 Vehicles in Germany
Patria and KNDS Deutschland Maintenance have signed an agreement to assemble and integrate Patria 6×6 armored…
Rheinmetall chief receptive to Germany’s new military service law
Armin Papperger, CEO of German defence industry giant Rheinmetall, sees growing willingness among young people to serve their…
Rheinmetall projects $346 million naval loss after F126 frigate cancellation
BELFAST — Germany’s decision to cancel its planned F126 frigate has forced Rheinmetall to reduce an annual naval…
German arms export licences for Israel surge with focus on sub project | Israel-Palestine conflict News
Germany has approved almost 800 million euros ($913m) in arms export licences to Israel in the first five…
Why South Korea’s submarine exports are running aground
South Korea’s failed bid for Canada’s next-generation submarine fleet has exposed a growing problem for one of Asia’s…
Qatar vetoes defense deal between Israel’s Rafael industries and Volkswagen
The Qatar Investment Authority (QIA), a major Volkswagen shareholder, blocked a proposed agreement between Volkswagen and Israeli defense…
European coalition pledges $50 billion to modernize deep precision strike capabilities
ANKARA, Turkey — A coalition of 12 European partner nations, led by the UK, have committed to spending…
NATO expands ISR architecture with up to five MQ-4C Triton drones for strategic maritime surveillance
The North Atlantic Treaty Organization (NATO) announced this Tuesday, during the Defence Industry Forum held on the sidelines…
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…