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1 week ago | 
taipeitimes.com | William Wilkes |Laura Alviz
By William Wilkes and Laura Alviz / Bloomberg Designated German chancellor Friedrich Merz secured a coalition deal last week that opens the door to unlimited defense spending. Now, he faces a far harder task: turning Germany into a military power strong enough to deter Russian President Vladimir Putin without US support. The agreement amounts to a sweeping and historic overhaul of Germany’s approach to defense.
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1 week ago | 
japantimes.co.jp | William Wilkes |Laura Alviz
Newly minted Chancellor Friedrich Merz secured a coalition deal this week that opens the door to unlimited defense spending. Now, he faces a far harder task: turning Germany into a military power strong enough to deter Vladimir Putin without U.S. support. The agreement amounts to a sweeping and historic overhaul of Germany’s approach to defense. It encompasses the creation of a permanent off-budget fund and a new National Security Council.
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1 week ago | 
bloomberg.com | William Wilkes |Laura Alviz
Have a confidential tip for our reporters? Before it’s here, it’s on the
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1 month ago | 
bloomberg.com | Laura Alviz |Marton Eder
Vor dem Hintergrund der Aufrüstungsbestrebungen in Europa hat der österreichische Spezialmotorenbauer Steyr Motors angekündigt, seine Produktionskapazitäten problemlos verdoppeln zu können, um die gestiegene Nachfrage zu decken. Das Unternehmen, das Dieselmotoren für Panzer und Militärboote herstellt, erzielte im vergangenen Jahr bereits 61% seines Umsatzes von 41,7 Millionen Euro durch Lieferungen an die Rüstungsindustrie.
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1 month ago | 
bloomberg.com | Laura Alviz |Marton Eder
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
bloomberg.com | Laura Alviz |Monica Raymunt
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
bloomberg.com | Laura Alviz |Monica Raymunt
Rheinmetall AG, the German maker of tanks and ammunition, has been looking to expand its production capacity to meet surging defense orders. Now it’s sizing up a struggling Volkswagen AG car plant. The facility in Osnabrück, Germany, could theoretically be retooled to make armored vehicles, Rheinmetall Chief Executive Officer Armin Papperger said Wednesday.
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2 months ago | 
news.bloombergtax.com | William Wilkes |Andrea Palasciano |Laura Alviz
A remotely controlled aircraft armed with the latest tactical missiles hovers near Europe’s borders with Russia, scanning the landscape for potential targets. Its stealth and artificial intelligence embody a vision of self-reliant European defense — one that doesn’t lean on US firepower. At least, that’s the idea. In reality, the Future Combat Air System — including the Eurodrone and a next-generation fighter jet — have become symbols of European defense dysfunction.
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2 months ago | 
bloomberg.com | William Wilkes |Andrea Palasciano |Laura Alviz
A remotely controlled aircraft armed with the latest tactical missiles hovers near Europe’s borders with Russia, scanning the landscape for potential targets. Its stealth and artificial intelligence embody a vision of self-reliant European defense — one that doesn’t lean on US firepower. At least, that’s the idea. In reality, the Future Combat Air System — including the Eurodrone and a next-generation fighter jet — have become symbols of European defense dysfunction.
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2 months ago | 
bloomberg.com | Laura Alviz |Monica Raymunt
Hensoldt AG is offering to take over some Continental AG employees who will lose their jobs over plans by the automotive supplier to shutter a factory in Germany. Representatives for Hensoldt, a defense company, visited Continental’s Wetzlar plant to present workers there with job alternatives and take applications, a Continental spokesperson said. Each employee has to apply individually for the available positions.
