Defence Contractors
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Norway's Kongsberg Gruppen to spin off Maritime business in IPO
Reuters· 2025-10-30 06:21
Norwegian defence contractor Kongsberg Gruppen said on Thursday it plans to spin off its non-military business Kongsberg Maritime in an initial public offering on the Oslo Bourse. ...
Australia's Sunrise Energy signs five-year scandium option with Lockheed Martin, shares jump
Reuters· 2025-10-23 23:46
Core Insights - Australia's Sunrise Energy Metals has granted Lockheed Martin an option to purchase up to 15 tonnes of scandium oxide over a five-year period [1] Company Summary - Sunrise Energy Metals is focusing on the production of scandium oxide, which is a critical material for various applications, including defense [1] - Lockheed Martin, a U.S. defense contractor, is interested in securing a supply of scandium oxide, indicating potential demand in the defense sector [1]
Lockheed Martin targets European market for Thaad missile defence
Reuters· 2025-09-26 12:43
U.S. defence contractor Lockheed Martin is seeking to market its Thaad missile defence system to European buyers, the company told German newspaper Handelsblatt, as governments across the continent accelerate military spending in response to Russian threats. ...