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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...
Driven to distraction
...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....
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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”....
...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
...Nearly 800 workers employed by the airport are to walk out for seven days from May 7 in a dispute over plans to outsource some jobs to contractors....
Also in today’s newsletter, meet the new players in the sustainable bond issuance space
...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...
...The world’s defence contractors have been big beneficiaries of rising tensions around the globe which have spurred orders from governments....
Pedal to the metal, balls to the wall, margins to the floor
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