Tag #Arms Industry

Showing 49 to 60 of 64 results

zeit.de
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Rheinmetall's Revenue Soars Amidst Ukraine War-Fueled Military Spending

Driven by the Ukraine war, German arms maker Rheinmetall's 2024 revenue soared 36 percent to €9.8 billion, with operating profit jumping 61 percent to €1.5 billion, and its order backlog hitting €55 billion, reflecting increased NATO military spending.

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56% Bias Score

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lexpress.fr
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Europe's Defense Shift: Audi Plant Conversion Proposal

The Belgian Defense Minister's proposal to transform the Audi Brussels plant into a military equipment assembly site reflects a wider European shift towards increased defense spending and manufacturing, spurred by geopolitical events, with plans involving €800 billion in investments and potential re...

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44% Bias Score

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welt.de
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H&K Develops AI-Assisted Grenade Launcher for Drone Defense

German arms manufacturer Heckler & Koch is partnering with Valhalla Turrets and ATS to develop a new AI-assisted 40mm grenade launcher for drone defense, showcasing it at the Enforce Tac trade fair in Nuremberg.

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36% Bias Score

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welt.de
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Europe Seeks €250 Billion for Defense, Sparking Debate on Debt and Joint Procurement

European leaders met to discuss increasing defense spending amid concerns about US support, proposing changes to EU debt rules and a joint arms procurement fund, but facing challenges with national budgets and differing opinions on Eurobonds.

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52% Bias Score

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dw.com
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Rheinmetall Boosts Production Amid Ukraine Conflict

Rheinmetall, a German defense contractor, is dramatically increasing artillery shell production for Ukraine, driven by the conflict and planned increases in European defense spending, with plans for significant investments in Ukrainian factories despite warzone challenges.

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44% Bias Score

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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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40% Bias Score

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welt.de
🌐 85% Global Worthiness
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Rheinmetall's Revenue Soars Amidst Ukraine War, NATO Spending

Driven by the Ukraine war and geopolitical changes, German arms manufacturer Rheinmetall's 2024 revenue soared 36% to €9.8 billion, with operating profit reaching a record €1.5 billion and a €55 billion order backlog, reflecting increased military spending by NATO states.

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56% Bias Score

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news.sky.com
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Defense Stocks Surge on Increased Spending Announcements

Following announcements of increased defense spending, European and UK weapons companies experienced a surge in share prices, with the FTSE 100 reaching a record high; BAE Systems saw a 17.5% increase, adding £5.92bn to its value.

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56% Bias Score

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zeit.de
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Rheinmetall Stock Price Soars Tenfold Amid Ukraine War

Rheinmetall, Germany's largest arms manufacturer, has seen its stock price increase tenfold since the start of the Ukraine war, reaching €968 per share on Wednesday from €96.8 on February 23, 2022, driven by increased demand for its weapons systems from Ukraine and NATO countries, resulting in a mas...

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60% Bias Score

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es.euronews.com
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Munich Security Conference Protests: Calls for Peace Amidst Reduced Turnout

Over 2,500 people protested against NATO, the arms industry, and the war in Ukraine during the Munich Security Conference on Saturday, advocating for peace and disarmament while opposing further arms deliveries to Ukraine and the planned deployment of US intermediate-range missiles in Germany; the p...

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32% Bias Score

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dw.com
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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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48% Bias Score

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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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36% Bias Score

Industry, Innovation, and Infrastructure

Showing 49 to 60 of 64 results