Rheinmetall projects $346 million naval loss after F126 frigate cancellation
The loss was a blow to Rheinmetall's new naval ambitions, but the rest of the European giant saw a large rise in revenue.
European tank-maker KNDS postpones IPO due to ‘market volatility’
“KNDS and its shareholders will continue to monitor the capital markets conditions closely and stand ready to resume the IPO process as soon as market conditions allow,” said the European firm.
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Speed, AI, and the platform that makes it operational
These are the five root causes that account for most of the delay in cognitive operations staffing.
Germany nixes multi-billion-dollar F126 frigate program, opts for MEKOs instead
Germany wants to purchase eight MEKO frigates to conduct anti-submarine warfare and satisfy NATO requirements instead.
Germany looks to close ‘peacetime’ capability gaps, targets €15B procurement budget by 2024
"What this tells us is that those projects once in the annual defense budget were not properly funded before transferring to the special arms fund," said Christian Molling, research director at the German Council on Foreign Relations.
Germany’s Rohde & Schwarz unveils new surface vessel EW system
According to company officials, the Naval ES Solution has been designed to handle a variety of emerging threats, including the detection, tracking and identification of radar and communications signals.