Tag #Military Industry

Showing 13 to 19 of 19 results

kathimerini.gr

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Mar 3, 19:11

Turkey's Rising Influence in European Defense

Turkey's burgeoning defense industry, fueled by drone technology and partnerships, is enabling its increased involvement in European security, potentially altering the balance of power in the region and presenting challenges for Greece's own defense capabilities.

Turkey's Rising Influence in European Defense

Turkey's burgeoning defense industry, fueled by drone technology and partnerships, is enabling its increased involvement in European security, potentially altering the balance of power in the region and presenting challenges for Greece's own defense capabilities.

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Peace, Justice, and Strong Institutions

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What are the underlying causes of the disparity between Turkey's successful defense industry expansion and Greece's challenges in this sector?

Turkey's strategic goals include establishing itself as a major regional power, evident in its expanding military presence in Africa and the Middle East, and its pursuit of a mediating role in the Russo-Ukrainian conflict. This is coupled with its rapid advancement in the defense industry, including drone technology and partnerships with European manufacturers.

it.euronews.com

🌐 85% Global Worthiness

Feb 26, 13:09

EU Defense Industry Faces Severe Skills Shortage

The European defense industry faces a critical shortage of skilled workers, hindering production increases and prompting urgent calls for EU-wide solutions, including long-term investment guarantees and collaborations between industry, academia, and governments to address the skills gap, particularl...

EU Defense Industry Faces Severe Skills Shortage

The European defense industry faces a critical shortage of skilled workers, hindering production increases and prompting urgent calls for EU-wide solutions, including long-term investment guarantees and collaborations between industry, academia, and governments to address the skills gap, particularl...

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Decent Work and Economic Growth

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What is the primary challenge facing the European defense industry's efforts to increase military production?

The European defense industry faces a severe shortage of skilled workers, impacting production and hindering the EU's efforts to boost military output. Leonardo, an Italian aerospace and defense company, reports record-high recruitment difficulties, exceeding those seen during previous conflicts. This shortage is a widespread concern across the EU defense sector.

faz.net

🌐 90% Global Worthiness

Dec 2, 10:28

Global Military Spending Surges to $2 Trillion in 2023

Global military spending reached $2 trillion in 2023, driven by conflicts in Ukraine and Gaza, with US companies dominating the market and smaller arms producers demonstrating greater adaptability to surging demand.

Global Military Spending Surges to $2 Trillion in 2023

Global military spending reached $2 trillion in 2023, driven by conflicts in Ukraine and Gaza, with US companies dominating the market and smaller arms producers demonstrating greater adaptability to surging demand.

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What are the main drivers of the global surge in military spending in 2023, and what are the most immediate consequences?

Global military spending surged in 2023, with US companies dominating the market, accounting for nearly half of the total $2 trillion revenue. This increase reflects heightened global demand driven by conflicts in Ukraine and Gaza, as well as rising tensions in East Asia. While major US corporations like Lockheed Martin saw slight declines, smaller arms producers were more efficient in meeting this demand.

dw.com

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Dec 2, 10:32

Global Arms Sales Surge to $632 Billion Amidst Ukraine War and East Asia Tensions

Global arms sales reached $632 billion in 2023, a 4.2% increase fueled by the war in Ukraine and heightened East Asian tensions; Russian manufacturers saw a 40% surge, while European growth varied widely.

Global Arms Sales Surge to $632 Billion Amidst Ukraine War and East Asia Tensions

Global arms sales reached $632 billion in 2023, a 4.2% increase fueled by the war in Ukraine and heightened East Asian tensions; Russian manufacturers saw a 40% surge, while European growth varied widely.

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What factors contributed to the 4.2% increase in revenue for the top 100 global arms manufacturers in 2023?

The global arms industry experienced a 4.2% revenue increase in 2023, reaching $632 billion. This surge is primarily driven by increased demand due to the war in Ukraine and escalating tensions in East Asia. European and American companies particularly benefited, converting heightened demand into larger profits.

kathimerini.gr

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Feb 27, 01:09

Surge in European Defense Investment

Driven by the Ukraine war and US pressure, European investment in defense industries doubled in 2023 to 47 funds, attracting even ESG investors who previously avoided the sector; this reflects a significant geopolitical shift and potential for major economic growth.

Surge in European Defense Investment

Driven by the Ukraine war and US pressure, European investment in defense industries doubled in 2023 to 47 funds, attracting even ESG investors who previously avoided the sector; this reflects a significant geopolitical shift and potential for major economic growth.

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Reduced Inequality

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What is the immediate impact of the increased European investment in defense industries?

European investment in defense industries doubled in 2023, reaching 47 funds, up from single digits for decades. This surge is driven by increased European defense spending, spurred by the Ukraine war and US pressure to reduce reliance on American protection.

lexpress.fr

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Feb 3, 10:10

€215M Raised for European Defense SMEs, Challenging ESG Concerns

Weinberg Capital Partners raised €215 million for a defense SME and ETI fund, exceeding expectations and potentially boosting European defense independence amidst geopolitical tensions and evolving investor perceptions of ESG factors in the sector.

€215M Raised for European Defense SMEs, Challenging ESG Concerns

Weinberg Capital Partners raised €215 million for a defense SME and ETI fund, exceeding expectations and potentially boosting European defense independence amidst geopolitical tensions and evolving investor perceptions of ESG factors in the sector.

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Decent Work and Economic Growth

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How has the changing perception of ESG factors within the defense sector impacted investment decisions?

The successful fundraising demonstrates a shift in investor perception of the defense sector, particularly regarding ESG considerations. Post-Ukraine conflict, the urgency of defense investments has become clearer, leading to more mature considerations of ESG in relation to national security, though challenges remain.

dw.com

🌐 85% Global Worthiness

Dec 2, 10:33

Global Arms Sales Surge to $632 Billion in 2023

Global arms sales reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war, East Asia tensions, and the Gaza conflict; Russian firms saw a 40% surge, while German firms rose by 7.5%, contrasting with overall slow European growth at 0.2%.

Global Arms Sales Surge to $632 Billion in 2023

Global arms sales reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war, East Asia tensions, and the Gaza conflict; Russian firms saw a 40% surge, while German firms rose by 7.5%, contrasting with overall slow European growth at 0.2%.

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What factors contributed to the significant increase in global arms sales in 2023?

Global arms sales surged to $632 billion in 2023, a 4.2% increase from 2022, driven by the Ukraine war, escalating tensions in East Asia, and the Gaza conflict. Russian arms manufacturers saw the largest increase at 40%, while Ukrainian arms sales rose by 69%. German manufacturers also experienced significant growth, with Rheinmetall increasing revenue by 10%.

Showing 13 to 19 of 19 results