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GlobalData on MSNKNDS boosts stake in RENK to 25%The companies note that the decision reflects a mutual commitment to deepen cooperation and combine expertise.
Defense consortium KNDS, known for building Leopard tanks and other combat vehicles, has increased its shareholding in German defense company Renk Group to 25.1% from 6.7%.
EQS-Ad-hoc: RENK Group AG / Key word (s): Investment RENK Group AG: Exercise of Option by KNDS N.V. 10-Feb-2025 / 20:07 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the ...
Morocco has not renewed its artillery order with France’s KNDS, against expectations, preferring Israeli company Elbit ...
The deal further strengthens Elbit Systems' footprint in Morocco and reinforces Israel’s role as a strategic defense partner.
It is not a question of distributing the 35,000 job losses “fairly” between east and west Germany, but of preventing them.
Morocco has selected Israel 's Elbit Systems as the kingdom's main weapons supplier. According to French newspaper La Tribune ...
The Direction Générale de l'Armement (DGA), the French defence procurement agency, announced on 10 February that it had ...
Morocco has shifted its defense procurement strategy, opting for Israeli-made ATMOS 2000 artillery systems instead of French Caesar howitzers.
Germany has ordered Precise and Universal Launching System (PULS) multiple rocket launchers (MRLs), Elbit Systems announced ...
Morocco has decided to buy 36 artillery units from Israeli defense manufacturer Elbit instead of renewing a contract for a similar product from France, a French newspaper reported on Saturday.
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