15 November 2023
15 November 2023
Leopard 1A5 tanks are being restored for service in Ukraine by Rheinmetall as part of military assistance being donated by Germany.
Based on its Q3 results, the Italian naval manufacturer foresees a positive progression of its 2023-27 Business Plan despite European sentiment drop.
At an international press event, MBDA Germany officials revealed additional multi-domain applications for its lightweight, man-portable Enforcer missile system, which is due to enter full-scale production for the Bundeswehr.
The 30% increase in annual production capacity aims to address the rising demand for Patriot missiles.
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Per GlobalData estimates, the space industry was worth $450 billion in 2022 and is expected to expand at a CAGR of somewhere between 6% and 10% by 2030. Investor interest, evident gaps in the market, and advancements in space technologies have led to a surge in start-ups entering the space economy in the last five years. The unforgiving environment of space exploration is matched by the harsh financial reality of developing space technologies, which has made acquisitions of complementary companies, strategic suppliers, and partners more likely.
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