Italy weighs using EU defense loan on new tanks, eying Hungary team-up
ROME — Italy is considering using a European Union loan deal to pay for new tanks and armored…
Germany’s warship builder TKMS soars on stock market debut
Shares in the newly spun-off naval unit of German industrial giant Thyssenkrupp jumped on Monday in a debut…
European arms industry growth to beat 10% a year, Redburn forecasts
PARIS — European defense companies may grow their revenue from European customers by an average 10.5% to 11.5%…
Putin’s NATO Airspace Incursions Are Backfiring
Secretary of State Marco Rubio, during his recent meeting with Russian Foreign Minister Sergei Lavrov, called on the…
Denmark Snubs U.S. in $9 Billion Missile Deal, Turns to Europe
This article first appeared on GuruFocus. Denmark has just made its boldest defense investment yet, signing off on…
Countries flock to claim EU defense loans, Poland gets lion’s share
ROME — Poland is set to utilize almost one-third of a European Union €150 billion ($176 billion) debt…
New UK minister touts defense industry as Britain’s growth engine
LONDON — As the U.K. is boosting military spending, the government is allocating additional funds to the local…
EU sets military spending record, expects more growth in 2025
BERLIN — The European Union collectively spent €343 billion ($402 billion) on defense last year, exceeding projections and…
EU members eye €127 billion in loans for defense procurement
PARIS — European Union member states expressed interest in at least €127 billion ($146 billion) in EU-backed loans…
Germany Aims for NATO Goal With €162 Billion Budget by 2029
Germany’s push to rearm in response to mounting Russian aggression in Europe will see its annual defense budget…