Business
Defence giant KNDS unveils IPO plans as valuation could top €15bn
The Franco-German manufacturer behind the Leopard and Leclerc battle tanks, KNDS, has officially announced its plans for an IPO, listing shares in Paris and Frankfurt within weeks, capitalising on Europe's race to rebuild its military capacity.
Europe News
Lithuania PM Ruginienė resigns after less than a year in office
Prime Minister Inga Ruginienė resigned on Tuesday together with her cabinet, ending a ten-month tenure. She is to return to government as social affairs minister in a new cabinet expected to be led by Mindaugas Sinkevičius — the third Social Democrat prime minister since the 2024 elections.
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Business
European defence spending: Poland spends larger share of GDP than US
Defence spending across European NATO is at its highest since the Cold War, with countries closest to Russia spending the most. But the continent is splitting between front-line states racing towards 5% of GDP and a large group doing the bare minimum.
Europe News
ILA 2026: Air power, drones and a search for new recruits
As ILA 2026's largest exhibitor, the Bundeswehr is impossible to miss. Colonel Kristof Conrath discusses new military capabilities, lessons from the war in Ukraine, the future of air power and the drive to recruit the next generation.
Europe News
Could drones target Germany's parliament? Minister warns
As drone-related security concerns rise across Europe, German Interior Minister Alexander Dobrindt is calling for permanent protection of the Bundestag and other constitutional bodies while authorities expand the country's counter-drone capabilities.
Europe News
Inside the struggle to revamp Europe's defence financing tool
EU policymakers are weighing a SAFE II defence financing tool, with Eastern-flank states pushing for grants over loans. But the final SAFE I uptake, the development of the European defence industry, Ukraine's battlefield-driven tech edge and shifting warfare scenarios are shaping what comes next.
