Tag: European defence

German Industry Eyes Defence Opportunities

155 millimetre artillery shells stored in a Rheinmetall factory | File Photo: Wolf von Dewitz/dpa

German companies are increasingly exploring defence opportunities as geopolitical tensions drive demand. A new survey shows rising interest, with more firms planning to enter the sector in the coming years.

Germany, France delay FCAS decision indefinitely

Artist's impression of the Future Combat Air System (FCAS) aircraft | Image: Airbus Defence and Space

Germany and France have again postponed a decision on the Future Combat Air System, with no new timeline set. The governments cited wider foreign and security talks and unresolved industry disputes, leaving the future of Europe’s planned next-generation air combat system uncertain.

Germany to Consider Spending €50B on Defence

German Parliament's Budget Committee meeting on November 14, 2025 | File Photo: Elisa Schu/dpa

Germany’s parliament will consider spending around €50 billion on defence this week, covering major arms procurement for the Bundeswehr, including Arrow 3 and Patriot air defence systems and Puma infantry fighting vehicles.

Rheinmetall, ICEYE form joint venture for SAR satellites

A military truck from the HX series is seen at the Rheinmetall MAN Military Vehicles plant in Vienna on 22 October 22, 2025 | File Photo: Soeren Stache/dpa

German defence company Rheinmetall and Finnish satellite maker ICEYE have established a joint venture to manufacture synthetic aperture radar (SAR) satellites, Rheinmetall said on Friday. Rheinmetall holds a 60 percent stake in the project, while ICEYE holds 40 percent of shares.

EU Council clears Germany’s defence spending plans

Germany's Chancellor Friedrich Merz receives Belgian Prime Minister Bart De Wever (not pictured) at the German Chancellery in Berlin on August 26, 2025 | Photo: Britta Pedersen/dpa

The EU Council has endorsed Germany’s medium-term fiscal plan and activated the national escape clause, allowing limited temporary flexibility for higher defence spending under the Stability and Growth Pact. The clause permits deviation of up to 1.5% of GDP annually for four years while maintaining overall fiscal discipline.