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European Defence Industry
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News on the European defence industry and related topics 🇪🇺 🛡️
🛡️🛰️ Airbus, Thales and Leonardo in preliminary EU talks over merger plan to provide an European competitor to US Starlink.
European satellite firms in preliminary EU talks over merger plan -source
European aerospace companies Airbus , Thales and Leonardo have started preliminary talks with European Union antitrust regulators over a possible merger of their satellite businesses, a source familiar with the matter said on Friday.
www.reuters.com
April 24, 2025 at 5:05 PM
🛡️ Rheinmetall CEO Armin Papperger anticipates the order book to balloon by 450% driven by increased defense spending in Europe.
#rheinmetall#tank#eudefence#european#defence#industry
Rheinmetall CEO expects order book to balloon by 450% amid Germany military boom
Rheinmetall's Armin Papperger expects his company to account for a quarter of Europe's $1.1 trillion defense splurge.
finance.yahoo.com
April 24, 2025 at 1:40 PM
🛡️ BAE Systems received a $162 million contract from the U.S. Army. The deal covers production of key structures for the M777 howitzer potentially supporting a restart of M777 production in the UK. The M777 is valued for its lightweight, mobile artillery design.
#european#defence#industry#BAE#M777
www.baesystems.com
April 24, 2025 at 1:34 PM
The main goals in the White Paper on European Defence are to:
🛡️ Boost EU defense autonomy and close capability gaps by 2030.
🛡️ Launch €150B SAFE fund and relax fiscal rules to scale up defense investment
🛡️ Strengthen EU security amid global power shifts and reduced US focus
🛡️ Support Ukraine further
Introducing the White Paper for European Defence and the ReArm Europe Plan- Readiness 2030
The Commission and the High Representative have presented a White Paper for European Defence – Readiness 2030 on 19 March 2025.
defence-industry-space.ec.europa.eu
April 24, 2025 at 1:13 PM