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X @Bloomberg
Bloomberg· 2025-07-17 16:08
Israel will boost defense expenditure by 42 billion shekels ($12.5 billion) over the next two years to meet the costs of last month’s war with Iran and the ongoing conflict in Gaza https://t.co/1M56DlnAsX ...
X @The Economist
The Economist· 2025-07-17 13:40
Indian officials now admit to losing some aircraft in their recent conflict with Pakistan. But they’re also starting to indicate the losses may not have stemmed from technological deficiencies https://t.co/gq3o4jo3OQ ...
Maris-Tech to Showcase Diamond AI-Powered Situational Awareness Platform at GVSETS 2025
Globenewswire· 2025-07-17 12:10
Core Insights - Maris-Tech Ltd. is showcasing its AI-powered situational awareness platform, Diamond, at the Ground Vehicle Systems Engineering and Technology Symposium (GVSETS) in Michigan from August 12-14, 2025, emphasizing its commitment to the U.S. defense market [1][4]. Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, specializing in intelligent video transmission solutions that address complex encoding-decoding challenges [5]. - The company offers lightweight, low-power products that provide high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics [5]. - Founded by veterans of the Israeli technology sector, Maris-Tech serves major manufacturers in defense, aerospace, intelligence gathering, homeland security, and communication industries [5]. Product Features - The Diamond platform enables real-time detection, tracking, and classification of ground and airborne threats, enhancing the survivability of armored fighting vehicles (AFVs) in both urban and open terrain [3]. - The platform is designed for seamless integration with both legacy and next-generation armored systems, showcasing its versatility in various combat environments [3].
VINCI has reached an agreement to acquire Wärtsilä SAM Electronics GmbH
Globenewswire· 2025-07-17 06:30
Group 1 - VINCI Energies has signed an agreement to acquire Wärtsilä SAM Electronics GmbH, enhancing its capabilities in the industrial sector and the German defense market [1][3] - Wärtsilä SAM Electronics GmbH, founded in 1906, specializes in electrical and automation integration for the German navy and naval shipyards [2] - The acquisition will add 350 employees and is expected to generate an additional full-year revenue of €100 million [3][7] Group 2 - VINCI Energies operates in four business lines in Germany: Infrastructure, Industry, Building Solutions, and ICT, employing 16,600 people across 385 sites [4] - In 2024, the VINCI Group generated nearly €5.6 billion in total revenue in Germany, making it the second-largest international market for the company [5] - VINCI's operations in Germany include €4.1 billion in energy solutions and €1.4 billion in construction, along with public-private partnerships in highway infrastructure and electric vehicle charging [5]
X @Bloomberg
Bloomberg· 2025-07-16 17:15
The German family shareholders of KNDS aim to reduce their ownership in the European tankmaker through a listing or stake sale to tap growing investor demand in defense companies https://t.co/vLec41a4ZN ...
Sogeclair: consolidated turnover for the 1st half of 2025 : +1,9% at €80.6M
Globenewswire· 2025-07-16 15:35
Core Insights - SOGECLAIR reported a consolidated turnover of €80.6 million for the first half of 2025, reflecting a growth of 1.9% compared to the same period in 2024, and 1.7% at constant exchange rates [1][2][19] Financial Performance - The turnover for Q2 2025 remained stable with a slight decrease of 0.7% at constant exchange rates and perimeter [2] - The Commercial Aviation sector accounted for 35.8% of turnover, stabilizing at a decrease of 0.5% compared to H1 2024 due to a lack of new program developments [3] - The Business Aviation sector, representing 34.1% of turnover, saw a decline of 2.6%, influenced by an uncertain political climate in North America and a challenging comparison to H1 2024, which had a growth of 12.5% [3] - The Defense market, contributing 14.2% of turnover, experienced significant growth of 36.7% in the first half [4] - The Automotive sector, making up 7.0% of turnover, declined by 7.8% due to a difficult market environment [4] - The Rail market, representing 5.7% of turnover, saw a slight decline of 1.0% [4] - Space turnover increased by 6.3%, accounting for 2.2% of total turnover [4] Geographical Performance - Turnover in France increased by 4.4% to €55.1 million, representing 68.4% of total turnover [7] - The European market (excluding France) grew significantly by 29.6% to €4.1 million, representing 5.1% of total turnover [7][9] - The Americas saw a decline of 6.9%, with turnover at €18.8 million, representing 23.4% of total turnover [7][9] - The Asia-Pacific region, contributing 3.0% of turnover, decreased by 13.0% to €2.4 million [7][10] Business Unit Analysis - The Engineering Business Unit generated €41.9 million, accounting for 52.0% of turnover, with a growth of 9.4% [11][12] - The Solutions Business Unit reported a turnover of €38.7 million, representing 48.0% of turnover, but declined by 5.2% [11][14] - The growth in the Engineering BU was driven by strong performance in the Defense sector (+42.9%) and Business Aviation (+7.6%) [12][13] - The Solutions BU faced challenges due to a high base effect from H1 2024 and a decline in production activities [14][15] Future Outlook - Despite geopolitical and economic challenges, SOGECLAIR anticipates continued profitable growth for the fifth consecutive year since the Covid crisis [19] - The company is implementing various action plans aimed at improving commercial and operational performance, with expected positive effects by the end of 2025 and into 2026 [19] - Ongoing digitization efforts will focus on enhancing sales activities and improving production efficiency [20]
New Military Memo Could Send Red Cat Stock Sky-High
Seeking Alpha· 2025-07-16 09:37
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
KBR Investors Have Opportunity to Join KBR, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-07-16 08:11
LOS ANGELES, July 16, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of KBR, Inc. ("KBR" or "the Company") (NYSE: KBR) for violations of the securities laws. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Brian Schall, Esq. 310-301-3335 [email protected] www.schallfirm.com The investigation focus ...
X @Bloomberg
Bloomberg· 2025-07-15 18:12
BAE is confident about securing as many as 150 additional Eurofighter Typhoon jet orders from export markets as conflicts push up demand in the Middle East and Europe https://t.co/XjQt2xGZxT ...
Trump announces new weapons deal for Ukraine
NBC News· 2025-07-14 23:45
Tonight, as Russian troops push across the battlefields of eastern Ukraine, President Trump unveiling a new plan to force Vladimir Putin to the negotiating table, rearm Ukraine with American military aid, including Patriot air defense systems that will be distributed and paid for by NATO allies. This is billions of dollars worth of military equipment is going to be purchased from the United States going to NATO, etc. They're paying for everything. We're not paying anymore.President Trump also setting a 50-d ...