Tag #European Defense Industry

Showing 1 to 12 of 13 results

politico.eu
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Germany Prioritizes European Arms in €83 Billion Military Procurement Plan

Germany's new military procurement plan allocates €83 billion to defense contracts, with only 8 percent, or about €6.8 billion, going to American companies, prioritizing European industry.

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32% Bias Score

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it.euronews.com
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EU Considers "Best Athlete" Model for Arms Procurement

France and Germany are pushing for a European Union "best athlete" model for defense procurement, prioritizing top arms producers to streamline production and reduce costs amid fears of Russian aggression, despite potential negative impacts on smaller national industries and geopolitical risks.

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40% Bias Score

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cincodias.elpais.com
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EU Defense Industry Faces Tenfold Production Increase Demand

A Roland Berger study reveals the European Union needs to drastically increase its production of cruise missiles, tanks, and artillery shells to deter Russia, prompting significant investment and industry consolidation in the European defense sector.

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52% Bias Score

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dw.com
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Europe's Defense Spending Soars Amidst Fears of Russian Aggression and US Uncertainty

Facing growing fears of Russian aggression and uncertainty over US NATO commitment, European NATO members are dramatically increasing defense spending, with the EU pledging "150 billion euro for weapons and Germany vowing to strengthen European defense; however, significant reliance on US military t...

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48% Bias Score

Industry, Innovation, and Infrastructure
faz.net
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Scholz Rejects Joint EU Debt for Defense Spending

German Chancellor Olaf Scholz rejected joint EU debt for defense investments at a recent summit, contrasting with proposals from other countries and the EU Commission, which estimates €500 billion is needed for additional investments over the next 10 years.

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52% Bias Score

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dw.com
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Malfunctioning Howitzers Highlight Ukraine's Repair Challenges

Intensive use of German Panzerhaubitze 2000 howitzers in Ukraine is causing frequent malfunctions due to software errors and overheating, with repair delays up to six months due to spare parts shortages; however, a new KNDS subsidiary in Kyiv and increased production aim to alleviate these issues.

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politico.eu
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Germany Prioritizes European Arms in \$83 Billion Military Spending Plan

Germany's \$83 billion military spending plan, leaked to POLITICO, reveals that only 8% will be allocated to US arms manufacturers, prioritizing European defense companies instead.

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40% Bias Score

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elpais.com
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Spanish Firm Anzen Engineering Rides European Defense Boom

Anzen Engineering, a Spanish firm specializing in critical system design and certification for aerospace and defense, achieved 50% annual revenue growth since 2019, reaching €4 million in 2024 and plans to reach €12 million by 2028 through organic growth. The company works with Airbus, Boeing, and S...

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44% Bias Score

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es.euronews.com
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EU Defense Plan Hampered by Debt and Spending Disputes

The EU's plan to increase defense spending by €800 billion over four years faces challenges due to existing pandemic-related debt and differing interpretations of "defense spending", hindering its ability to deter potential Russian aggression within the next decade.

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dw.com
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Europe's Heavy Reliance on US Arms Sparks EU Defense Investment Drive

Analysis of SIPRI data reveals that nearly two-thirds of NATO members' arms purchases (2020-2024) came from the US, prompting EU discussions on boosting domestic defense capabilities and highlighting concerns about reliance on US arms amid renewed fears of Russian aggression.

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36% Bias Score

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de.euronews.com
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EU's €1.5 Billion Defense Budget Falls Short of Needs, Sparking Funding Debate

Facing shortages in munitions production after its support for Ukraine, the EU proposed a €1.5 billion defense budget for 2025-2027, a sum far below the estimated €500 billion needed over the next decade, sparking debate on funding mechanisms and highlighting potential divisions within the bloc.

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it.euronews.com
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EU Seeks Defense Autonomy Amidst US Cooperation

The European Commission plans to increase defense cooperation with the US while simultaneously reducing the EU's long-term reliance on external defense suppliers; 75% of new EU defense orders between February 2022 and mid-2023 came from outside the EU, prompting a proposed €1.5 billion European Defe...

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48% Bias Score

Industry, Innovation, and Infrastructure

Showing 1 to 12 of 13 results