Nasdaq fines Finnish defence group

The Finnish defence group has been fined EUR 200,000 after Nasdaq Helsinki found multiple breaches of disclosure and governance rules

Saab joins EUR 80m frigate contract with Babcock

Saab Australia will partner with Babcock on a five-year contract to sustain the Royal Australian Navy’s Anzac-class frigates through the remainder of their service lives

Sweden launches explosives tender

FMV is seeking up to three suppliers for a framework agreement intended to secure long-term deliveries of plastic explosives to the Swedish Armed Forces

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

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...

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

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

Weibel lands sizeable European radar order

The contract is equivalent to about 11 percent of the company's revenue last financial year

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...

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

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

Hur data och teknik förändrar modern försvarsmakt

André Betancourt, Nordic Sales Lead för försvar på Getac, skriver att I moderna försvarsorganisationer räcker inte längre bara styrka för att få övertag, utan s...

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

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

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...

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

CERATIZIT Scandinavia AB

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

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, Se...

Defence Systems Provider ULTRA PCS Chooses Getac’s Rugged Solutions

Ultra PCS, a leading provider of safety- and mission-critical systems to the defence and aerospace sectors, partnered with Getac to give customers greater flexi...

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

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

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

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...