Indra Acquires Hispasat with €700 Million in Financing from BBVA and BNP Paribas
BBVA and BNP Paribas provided €700 million to finance Indra's acquisition of 89% of Hispasat, a Spanish satellite operator, aiming to create a national defense giant; however, market concerns exist regarding competition and valuation.
Indra Acquires Hispasat with €700 Million in Financing from BBVA and BNP Paribas
BBVA and BNP Paribas provided €700 million to finance Indra's acquisition of 89% of Hispasat, a Spanish satellite operator, aiming to create a national defense giant; however, market concerns exist regarding competition and valuation.
Progress
36% Bias Score
Israel's Defense Ministry Invests NIS 601 Million in Tech Startups Amidst "Swords of Iron" War
In response to the "Swords of Iron" war, the Israeli Defense Ministry dramatically increased contracts with 86 domestic tech startups by five times, reaching NIS 601 million between October 2023 and September 2024, to enhance defense capabilities and boost the national economy.
Israel's Defense Ministry Invests NIS 601 Million in Tech Startups Amidst "Swords of Iron" War
In response to the "Swords of Iron" war, the Israeli Defense Ministry dramatically increased contracts with 86 domestic tech startups by five times, reaching NIS 601 million between October 2023 and September 2024, to enhance defense capabilities and boost the national economy.
Progress
44% Bias Score
Record EU Military Spending Reaches €279 Billion in 2023
EU military spending reached a record €279 billion in 2023, a 10% increase from 2022, driven by geopolitical concerns and the need to modernize equipment, with expectations to reach €326 billion in 2024; NATO's new plan might require up to 3% of GDP for long-term deterrence.
Record EU Military Spending Reaches €279 Billion in 2023
EU military spending reached a record €279 billion in 2023, a 10% increase from 2022, driven by geopolitical concerns and the need to modernize equipment, with expectations to reach €326 billion in 2024; NATO's new plan might require up to 3% of GDP for long-term deterrence.
Progress
48% Bias Score
Defense Tech Boom Predicted Under Second Trump Administration
The projected boom in defense tech investment under the second Trump administration is driven by rising geopolitical tensions, the increasing use of commercial technologies in military applications, and a potential increase in defense spending to 5% of GDP, benefiting both established and emerging s...
Defense Tech Boom Predicted Under Second Trump Administration
The projected boom in defense tech investment under the second Trump administration is driven by rising geopolitical tensions, the increasing use of commercial technologies in military applications, and a potential increase in defense spending to 5% of GDP, benefiting both established and emerging s...
Progress
60% Bias Score
Elbit Systems Wins $175 Million NATO Contract for Advanced Self-Protection Suites
Elbit Systems won two contracts worth $175 million (NIS 620 million) from a European NATO nation to supply EW and DIRCM self-protection suites for Embraer C-390 Millennium aircraft and Airbus H225M helicopters over five years, reflecting growing demand for advanced defense capabilities.
Elbit Systems Wins $175 Million NATO Contract for Advanced Self-Protection Suites
Elbit Systems won two contracts worth $175 million (NIS 620 million) from a European NATO nation to supply EW and DIRCM self-protection suites for Embraer C-390 Millennium aircraft and Airbus H225M helicopters over five years, reflecting growing demand for advanced defense capabilities.
Progress
8% Bias Score