Tag Archives: defense industry

Saab Secures SEK 540 Million Contract from NATO Support and Procurement Agency to Upgrade Spain’s Arthur Radar Systems

(IN BRIEF) Saab has been awarded a SEK 540 million (EUR 49.4 million) contract by the NATO Support and Procurement Agency to extend the service life of the Spanish Army’s Arthur radar systems. The modernization will upgrade the systems with … Read the full press release

Daimler Truck partners with Arquus to unveil next-generation tactical vehicle for European defense forces

(IN BRIEF) Daimler Truck and Arquus have unveiled the Zetros by Arquus, a new military truck that merges Daimler Truck’s 6×6 Mercedes-Benz Zetros chassis with Arquus’ expertise in military adaptation and integration. Presented at the Forum Entreprises Défense 2025 in … Read the full press release

WB GROUP and Hanwha Aerospace form joint venture to produce HOMAR-K ammunition and strengthen Poland’s defense industry

(IN BRIEF) WB GROUP and Hanwha Aerospace have created Hanwha WB Advanced Systems, a Polish–South Korean joint venture that will manufacture ammunition for the HOMAR-K launcher and develop new missile systems in Poland. Signed at MSPO 2025 by WB Electronics … Read the full press release

Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

(IN BRIEF) Tikehau Capital, in partnership with Société Générale Assurances, CNP Assurances, and the CARAC Group—and with backing from the French Ministry of Defense and the DGA—has introduced Tikehau Défense et Sécurité, a €150 million Article 8 fund dedicated to … Read the full press release