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Saab’s shareholder base surges as Wallenberg grip endures
The 2025 annual report shows a 57 percent rise in shareholders to 296,295, while the Wallenberg family retains close to 40 percent through Investor and Wallenberg Investments
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Saab’s record 2025 swells order book to historic high
The 2025 annual report confirms order bookings of SEK 168.5 billion, 24 percent sales growth and improved margins, consolidating the Nordic's largest defence group in a year of sustained demand.
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Hanza’s defence pivot tests its cluster model as Europe rebuilds capacity
Having initially opted out of the defense industry, Swedish manufactoring company Hanza has in a short time made it its fastest-growing business area
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Finland advances NATO uncrewed integration
Exercise tests Nordic-developed uncrewed airships and surface vessels in harsh conditions
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Riihimäki stakes claim as Finland’s dual-use start-up hub
A military-linked accelerator and defence cluster position a town north of Helsinki at the centre of Finland’s next wave of security innovation
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Sweden expands resilience net for critical services
A 2026 to 2030 strategy and action plan widen coverage across more sectors and actors, raising expectations on operators as Stockholm hardens its posture for crisis and war
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Navantia puts industry at heart of frigate bid
Spanish shipbuilder centres its Royal Danish Navy proposal on local build, technology transfer and long-term life-cycle support
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Denmark tenders 20 million euro military eyewear framework
DALO tenders five-lot contract for ballistic and specialist eyewear, opening a potential 150 million Danish kroner ceiling to armed forces, resilience authorities and police
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Nordic defence hiring surge strains skilled labour pool
Rising budgets and security restrictions intensify competition for cleared cyber and engineering talent across the region’s defence industrial base
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Nuclear debate turns spotlight on Nordic industrial and technological capacity
Experts argue the region has the long-term industrial capacity to pursue nuclear weapons
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Nordic defence industry set for sustained growth
INSIGHTS: Billions in additional defence funding, strong corporate results and a surge in dual-use start-ups point to a structural shift across the Nordic security sector
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Terma targets offshore wind-defence integration as Nordic and Baltic markets seek radar resilience
Danish defence contractor advances radar solutions to enable offshore wind development in military-restricted zones, positioning for growth across Nordic and Baltic markets.
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European defence start-ups raise 2.4 billion euro as Finland leads Nordic surge
IISS reports most funding secured in 2025 as investors reassess ESG constraints after Russia’s invasion. Finland attracts the Nordics highest defence venture capital flows
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Denmark in talks with Ukraine’s Skyfall over local unmanned systems production
Proposed Danish manufacturing move would deepen bilateral defence industrial integration under Build with Ukraine, subject to full compliance screening.
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Norway’s 28-vessel naval programme slips to 2030 first delivery
Revised schedule challenges Navy planning as six design teams advance in domestically mandated build programme
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Denmark uses Ukraine fund uplift to reach 3.5 percent GDP defence spending in 2026
DKK 3.8 billion increase to Ukraine Fund accelerates compliance with NATO core military benchmark and pulls forward wider budget expansion plans
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Nordic defence primes expand revenues by up to 113 percent since invasion
Kongsberg, Saab, Patria and Terma report sharp revenue expansion driven by Ukraine war demand and accelerated European rearmament
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Sweden doubles procurement as backlog hits 480 billion SEK
Spending tops sixty billion SEK as Gripen E, Patriot and submarine programmes expand industrial order book
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Patria hands first CAVS 6x6 vehicles to Bundeswehr
Deliveries are a part of two procurement contracts within the multinational Common Armoured Vehicle System (CAVS)
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Denmark nears end of DKK 365.1bn defence funding framework
Only 9bn kroner remains in the 2024–2033 settlement, with fresh allocations expected under the government’s 2035 economic plan
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Kongsberg secures NOK 410 million Skjold-class sensor upgrade contract
NDMA award funds radar and electro-optical modernisation to sustain corvette combat relevance under Norway’s Fleet Plan 2024
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BAE rolls out first Slovak CV90 under 152-vehicle contract
BAE Systems Hägglunds advances the Sweden–Slovakia government-to-government deal, with more than 40 percent domestic industry share
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Embraer targets Danish VIP fleet replacement
Brazilian manufacturer signals intent to compete for Denmark’s Challenger replacement promoting militarised E-Jet variants
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India moves to expand Rafale fleet instead of selecting Saab’s Gripen
India moves to expand Rafale fleet instead of selecting Sweden’s GripenIndian defence council signals approval for potential deal covering more than 100 French fighter jets, according to reports
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