GDELS commits $23m to create 400 jobs by 2029
The company will double production capacities for M3 at the Kaiserslautern headquarters.
Investment
SWEBAL invests €3m for new ammunition facility
US defence industry group calls for regulatory cuts/overhaul
UK invests £1bn in new battlefield system and cyber capacity
EU to amend defence funding rules to create fourth STEP pillar
Nato Summit airs Italian proposal to save defence spending from EU limits
Norway revises up 2024 defence budget in advance of 12-year overhaul
Saab’s Q1 2024 report reveals growth and upgraded sales outlook
