An Estonian arms company with production in Ukraine raises €4M, while Swedish Saab AB locates a Ukrainian partner. The Estonian defense firm Frankenburg Technologies secured €4M in investment to develop anti-aircraft missiles. The company’s market value has surged by nearly 200% and now stands at €150M. The ... #DefenseIndustry #Estonia #FrankenburgTechnologies #Radionics #Saab #Sweden #Switzerland #WeaponsProduction
A lack of raw materials and long production cycles prevent the West from adapting projectile production to Ukraine’s needs. Russia’s aggression against Ukraine has caused a noticeable increase in projectile production in Western countries, but due to a lack of raw materials and long production cycles, it still does n... #AmmunitionFactory #ArtilleryShells #NIOA #Rheinmetall #Saab #WeaponsProduction
The world’s arms giants in the US and Germany are generating record profits because of the war in Ukraine. The weapon and ammunition orders for Ukraine and the replenishment of Western allies’ stocks has provided the American defense industry with better-than-expected financial results, writes Reuters. Loc... #GeneralDynamics #LockheedMartin #Rheinmetall #RTX #Saab #WarinUkraine #WeaponsProduction
