Tag #Arms Industry

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Explosion at Rheinmetall Factory in Spain Injures Six; Links to Alleged Russian Plot Emerge

Six workers were injured in an explosion at a Rheinmetall munitions factory in Murcia, Spain, on January 30th, 2025, following reports of a thwarted Russian assassination attempt against the company's CEO. The explosion caused a large fire and is under investigation.

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politico.eu
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Europe's Defense Spending Surge: A Boon for Arms Makers Despite Trump Uncertainty

Europe's defense spending is rising sharply, driven by the war in Ukraine and past U.S. pressure, promising a surge in military contracts for both European and American arms manufacturers despite anxieties over a potential Trump presidency; however, Europe's continued reliance on U.S. arms imports m...

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Industry, Innovation, and Infrastructure
welt.de
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Europe to Bolster Ukraine's Defense Industry

Five European nations—Germany, France, Great Britain, Italy, and Poland—pledged to strengthen Ukraine's defense industry by collaborating on weapons production and capacity building, with Germany delivering the first of 54 howitzers.

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48% Bias Score

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welt.de
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Rheinmetall's Boom Amidst the Ukraine War

Rheinmetall, a German arms manufacturer, experiences massive growth due to the Ukraine war, increasing revenue and profit significantly while expanding globally.

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politico.eu
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Lithuania to Spend 5-6% of GDP on Defense by 2030

Lithuania will increase its defense spending to 5-6 percent of GDP by 2030, totaling an additional €12-13 billion, to meet NATO targets and counter perceived Russian threats, procuring weapons from various countries while maintaining social welfare programs.

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politico.eu
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Europe Boosts Military Spending Amid Ukraine War and Trump's Return

European defense ministers from Germany, the U.K., France, Poland, and Italy met in Poland on Monday to discuss increasing military spending in response to the war in Ukraine and Donald Trump's expected return to the White House, aiming for greater defense industry efficiency and joint ventures with...

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welt.de
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Eurofighter Sees Resurgence in Orders

Thirty years after its first flight, the Eurofighter jet is experiencing a surge in orders with Italy's recent purchase of 24 jets, Spain's order of 25, and Germany's planned purchase of 20. Further orders are anticipated from Saudi Arabia and Qatar, marking a major resurgence for the European fight...

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48% Bias Score

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