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...They are also increasingly penetrating markets for industrial automation, medical devices and electric vehicles....
...The chief of Germany’s largest military contractor Rheinmetall has urged European countries to ditch their preference for national champions and build bigger, more specialised defence groups to compete with...
...Other industrial co-operations have worked....
...German defence contractor Renk has revived plans to list in Frankfurt with the Franco-German military consortium KNDS stepping in as an investor, just four months after a last-minute cancellation of its...
...Some hiring companies had been better at getting a grip on the complicated rules and at developing systems to fairly assess contractors, Maley said, but others had simply decided not to hire contractors...
...Rheinmetall expects both sales and profit margins to keep growing this year, as the German defence contractor declared itself a winner amid the “changing threat situation in Europe”....
...This includes $20bn to replenish US weapons stocks and $13.8bn to allow Kyiv to re-arm through the purchase of weapons and munitions from the US defence industrial base....
...The deal will greatly expand Home Depot’s reach among contractors and builders....
Driven to distraction
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...Contractors’ order books illustrate the tale: Italy’s Leonardo is forecasting new orders of €105bn over the next five years. That equates to €19.5bn this year, up from €17.3bn in 2022....
At-home exercise equipment seems to have been just a Covid lockdown fad, and cars a necessity
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Fuselage maker’s deliveries have slowed as the groups deal with increased scrutiny after Alaska Airlines incident
And does leadership diversity boost margins?
Elon Musk sends confusing message on earnings call
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...But defence contractors have struggled to scale up output because of supply chain constraints of various inputs, including nitrocellulose, also known as “guncotton”....
European carmakers should use this market slowdown to play catch-up with Chinese rivals
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
Shares drop after car sales slip in first quarter
...The world’s defence contractors have been big beneficiaries of rising tensions around the globe which have spurred orders from governments....
...executives and Japan’s allies had been hopeful that the trilateral fighter jet programme would provide an opportunity for a broader relaxation of Tokyo’s weapons exports curbs and give Japanese defence contractors...
Pedal to the metal, balls to the wall, margins to the floor
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