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Global electronic defence group expands production with new factory
The manufacturer plans to increase its Danish workforce from around 150 to 250 employees as it prepares for growth in regulated and high-reliability markets
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Iceye sidesteps Musk question despite SpaceX reliance
The Finnish satellite group praises the price and pace offered by its main launch partner but avoided assessing the man behind it. Meanwhile, Europe still lacks a proven alternative
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Swedish equipment manufacturer prepares for IPO with online store for civilians
The producer of protective vests and carrying solutions plans to steady revenue with e-commerce to private customers
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Denmark's five Arctic vessels set to exceed budget
Defence Minister Jeppe Bruus has warned that the funding allocated will not cover the expected cost of the Danish Armed Forces’ five new Arctic vessels
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Weibel lands sizeable European radar order
The contract is equivalent to about 11 percent of the company's revenue last financial year
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Outscaling Norway on a "friend discount": Denmark unveils new AI centre
Denmark has officially launched its new military AI unit. While the initiative draws on Norway's experiences, the Danish setup is launching with a significantly larger footprint
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Sweden signs EUR 4.3bn deal for four French frigates
The agreement turns Naval Group’s selection into a firm order and gives the Swedish Navy four new air-defence frigates from 2030
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France eyes Swedish fighter jet partnership after recent project collapsed
Paris has identified aircraft engines as a possible basis for work with Sweden on a future fighter
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It all started with a speed record: - And here we are, just 12 years later, and it has become a thing
A speed record marked the beginning of US company Saildrone. Now it is setting up on Copenhagen to sell drones in Europe
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Short-term relief: Defence group postpones payment after survival warning
The Finnish defence group has reached an agreement to postpone most of a to next spring, but Summa still needs new financing to stay in business
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Hungary suspends Gripen training flights
Repeated fault warnings were followed by the cockpit displays going dark during a training flight. Hungary has now suspended Gripen training flights pending the investigation, which will be supported by Swedish experts
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USV CEO reveals details about deal with British defence giant
According to founder and CEO Frederik Søndergaard Hansen, Stormborn is ready to launch scale production in Denmark, a crucial step in the company’s further development
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Finland places SEK 1.2bn order with Saab
The Finnish military is upgrading a short-range air-defence capability it has operated since 2008, while the agreement opens the door to further purchases
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Sweden's defence industry may need 16,000 more workers: - Absolutely crucial
The defence industry is already competing with adjacent sectors for skilled workers. Multiple factors risk further slowing expansion, says Robert Limmergård, Secretary General of SOFF
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Saab to build major new facility in Sweden
The 80,000 sq metre facility will bring together Saab’s operations in the area and is expected to be ready for occupancy around 2030
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Rheinmetall invests EUR 270m in new armoured vehicle and drone facilities
The German defence group is expanding its Kassel operations as it prepares for expected military vehicle orders, while also adding new drone testing capacity
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Finnish defence group warns its existence may be at risk
A bridge loan has bought the company time, but a permanent funding solution remains missing
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Swedish-French partnership emerges around jet-powered military drone
Sweden’s Frost Unmanned and France’s Alta Ares will jointly develop a European drone solution for reconnaissance and strike missions, with Ukraine identified as the first market
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Patria and Iceye remotely controlled armoured vehicle from 7,800 kilometres away
The Finnish defence group has demonstrated remote operation of a Patria AMV in Finland using secure 5G connectivity and real-time situational awareness
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Prevent loose bolts with Strainlabs
A loose bolt can bring an entire process to a halt. Strainlabs' Swedish-developed technology addresses this challenge by enabling the bolt itself to provide an early warning before a serious issue occurs. The company is now setting its sights on the defence industry.
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Saab signs long-term agreement with the Netherlands
The first order covers Barracuda mobile camouflage systems for the Dutch Army’s Fennek and Panzerhaubitze vehicles
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Satellite manufacturer is chasing defence billions. CEO explains two zeros in latest results
CEO Carsten Drachmann is confident that the Danish space group GomSpace can turn its new defence push into sizeable business. The accounts have yet to catch up
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Five Nordic heavyweights launch joint defence initiative
Ericsson, Kongsberg, Nokia, Patria and Saab will develop industry-backed defence projects, with the first proposals due to be presented in November
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Satellite company grows despite steep drop in orders
GomSpace increased both revenue and earnings in the second quarter, while order intake fell 45 percent
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