One of the largest international exhibitions in the field of defense and security, Eurosatory-2026, kicks off in Paris on June 15. The Ukrainian company Fire Point, developer of the Freya anti-ballistic software, will participate in the event.
The defense sector accounted for one-third of Ukraine's GDP growth in 2024. Domestic production currently covers 40% of the front line's armament needs.
Russia is demanding 47 million euros from Rheinmetall for an unfinished center in Mulino. Work was halted in 2014 due to sanctions following the annexation of Crimea.
The Fire Point company presented the Freya project to combat ballistic missiles amid a shortage of Patriot systems. The system will serve as a cheaper and faster alternative.
Rutte will discuss investments in air defense and missiles with defense companies. The goal is to strengthen Europe and demonstrate to Donald Trump a readiness for spending.
Rheinmetall's revenue amounted to 1. 9 billion euros, compared to the expected 2.3 billion euros. The company attributes this to payment deferrals and an accident at its Spanish plant.
Securities of CSG and other arms giants sharply declined on the Amsterdam stock exchange. The fall is linked to forecasts of a lull in hostilities in Ukraine.
The President emphasized the high technological level of the Ukrainian defense industry in response to Armin Papperger's criticism. The results of their work are proven on the battlefield.
The German concern Rheinmetall apologized for Armin Papperger's words about Ukrainian drones. The company noted Ukraine's innovativeness and fighting spirit.
Armin Papperger criticized Ukrainian UAVs for their lack of technological breakthroughs. He compared their production to a kitchen and the use of 3D printers.
The German concern cannot supply the latest Raider drones due to lack of funding. The first batch of 200 units costs over 10 million euros.
The CEO of Rheinmetall stated that shells are available in warehouses due to a lack of funding. Hungary and Slovakia are blocking an EU loan for arms procurement.
Rheinmetall CEO Armin Papperger stated that the volume of military aid to Kyiv is constrained by a lack of funding. The company is ready to increase supplies but requires clear financial guarantees.
The new BAE Systems plant in Glascoed, which was supposed to increase the production of shells for Britain and Ukraine, has not yet opened. The delay is due to the decision to double the facility's capacity.
German companies Rheinmetall and OHB are developing a satellite network for the Bundeswehr, which will become a European alternative to Starlink. The project will provide secure internet for the German army, reducing dependence on American technologies.
The German concern Rheinmetall will transfer five Lynx KF41 infantry fighting vehicles to Ukraine. The contract value is several tens of millions of euros.
Great Britain and Germany have signed a joint contract worth £52 million for the acquisition of advanced RCH 155 artillery, capable of firing on the move and hitting targets at a distance of over 70 km. The agreement provides for an early demonstration model for the British Army and two units for testing by Germany.
Polish state-owned defense company PGZ plans to increase exports of military equipment tested in Ukraine and dual-use products. The company aims to increase the share of exports and dual-use products to one-third of its revenue.
Rheinmetall AG CEO Armin Papperger said that a peace agreement in Ukraine will not change future demand for weapons, as Europe enters a prolonged period of rearmament. The company expects European and German defense spending to grow, aiming for 50 billion euros in sales by 2030.
A Ukrainian arms company has unveiled a new 8-ton armored vehicle called "Desna. "
European defense company stocks reached a nearly two-month low on November 24. This happened amid progress in negotiations on a US-backed peace plan for Ukraine.
Germany will transfer Skyranger 35 to the Ukrainian Armed Forces on a Leopard 1 tank chassis, which effectively counters drones and low-flying targets. The system creates a 4-kilometer "kill-box" and integrates into the overall air defense network.
Chilean Foreign Minister Alberto van Klaveren stated that the country's laws prohibit the transfer of military equipment to countries involved in armed conflict. He denied information about Chile's agreement to supply Germany with Marder 1A3 IFVs for further transfer to Ukraine.
European leaders are urgently coordinating a response to the US-Russia peace plan for Ukraine. The initiative has caused panic and concern among European officials, who believe it could force Ukraine to cede territory and limit NATO force deployment.
The German concern Rheinmetall will begin transferring Skyranger 35 anti-aircraft systems based on the Leopard 1 tank to Ukraine next week. The contract, worth several hundred million euros, is being paid for by an unnamed EU country.
Germany plans to spend 19 billion euros on clothing and equipment for soldiers and 7. 5 billion euros on armored vehicles by 2034-2037. This will allow the army to be equipped to reach a strength of 460,000 soldiers.
The construction of the Rheinmetall ammunition production plant in Ukraine is being delayed due to the Ukrainian side's desire to change the location of the facility. The head of the concern, Armin Papperger, stated that after the new location is approved, the plant can be built within twelve months.
The defense concern Rheinmetall and the Finnish company ICEYE are establishing Rheinmetall ICEYE Space Solutions GmbH. The goal is to strengthen European capabilities in space reconnaissance and SAR satellite production.
In Latvia, access to 27 Internet resources spreading Russian propaganda has been restricted. These websites systematically disseminated one-sided information about Russia's war against Ukraine and justified the occupation of Ukrainian territories.
The German arms concern Rheinmetall AG has begun construction of an ammunition production plant in Lithuania, which is the largest defense investment in the country's history. The enterprise will start operating in mid-2026, producing up to 100,000 shells annually.
