Rudy Ruitenberg is a Europe correspondent for Defense News. He started his career at Bloomberg News and has experience reporting on technology, commodity markets and politics.
Eighteen countries including Italy, Poland, Spain and France want to access EU-backed loans under the Security Action for Europe (SAFE) financial scheme.
“It’s not just about the constraint for demand today, it’s very much more about the increased demand we see in the future,” one company executive said.
The French government announced a 10-year framework contract with Eutelsat worth as much as €1 billion to provide military-grade satellite communications.
Raytheon signed a memorandum of understanding this week with Germany’s Diehl Defence to co-produce the Stinger short-range, anti-air missile in Europe.
The idea of producing “combat mass” for Europe, as the CEO called it, follows the urgency of recent conflicts sprung on the continent and its environs.