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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is still a 'big geopolitical threat' from the East, Hensoldt CFO saysChristian Ladurner, CFO at Hensoldt, discusses the defense industry and the firm's second-quarter results.
Persons: Christian Ladurner Organizations: Hensoldt
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGermany rebuilds its military amid ongoing defense aid deliveries to UkraineHensoldt, a high-tech security defense company based in Germany, is part of the country's drive to send military equipment to Ukraine. CNBC got exclusive access into their factory in Ulm to see the TRML-4D radars, which detect Russian threats in the battlefield. Germany is ramping up its military production and support to Ukraine, amid a broader drive among NATO allies to raise their defense spending contributions to the coalition.
Organizations: Germany, Ukraine Hensoldt, CNBC, NATO Locations: Ukraine, Germany, Ulm
A logo of defense supplier Hensoldt AG is pictured during Hensoldt's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 25, 2020. REUTERS/Ralph Orlowski/File Photo Acquire Licensing RightsNov 22 (Reuters) - Hensoldt (HAGG.DE) sees artificial intelligence (AI) and analytics as an area with investment opportunity, the German defence electronics maker said at its Capital Markets Day. "Investment opportunities arise, for example, in the areas of artificial intelligence and analytics as well as in the services and integration business," it said in a statement. According to slides from Hensoldt's Capital Markets Day presentation, the company plans to invest in AI development "across all business for all relevant products and solutions". Last week, Hensoldt announced plans for a capital increase to finance the acquisition of German military service firm ESG.
Persons: Ralph Orlowski, Thomas Mueller, Hensoldt, Andrey Sychev, Alexander Huebner, Miranda Murray Organizations: Hensoldt, Frankfurt Stock Exchange, REUTERS, IRIS, Hensoldt's, Markets, Thomson Locations: Frankfurt, Germany, Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGermany is showing a 'strong commitment' to defense spending, Hensoldt saysChristian Ladurner, CFO of Hensoldt, discusses third-quarter earnings and the defense industry.
Persons: Hensoldt, Christian Ladurner Organizations: Hensoldt
That was until this week, when the company decided to pull its listing in the final hours of Wednesday, blaming market conditions. In the coming weeks, a string of European companies are slated to come to market. Among them is CVC Capital Partners, which is still planning a November listing depending on market conditions, a person with knowledge of the matter told Reuters. However, the fate of Renk highlights the challenges facing new issuers, exacerbated by a recent bout of volatility in equity and debt markets. On Thursday it was trading around its opening IPO price at 30 euros, still above its issue price, a positive sign.
Persons: Andreas Bernstorff, Germany's DAX, Susanne Wiegand, Schott, Perfumery, Douglas, Emma, Victoria Farr, Pablo Mayo Cerqueiro, Alexander Huebner, Anousha Sakoui Organizations: Capital Partners, Reuters, Equity Capital Markets, BNP, Renk, Rheinmetall, Schott Pharma, DKV, CVC Capital Partners, Paris bourse, Thomson Locations: FRANKFURT, LONDON, Frankfurt, U.S, Europe, East, Africa, European, Germany, York, Lincoln
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHensoldt CFO: Multi-domain operations enabling Ukraine to withstand Russian invasionChristian Ladurner, CFO at Hensoltdt, discusses the German defense industry and shares his outlook for a shifting defensive environment.
Persons: Christian Ladurner Organizations: Hensoltdt Locations: Ukraine
Lambrecht asked Scholz to dismiss her, as formally required, and he has approved, a spokesperson for the Social Democratic (SPD)-led coalition government said. During a visit to arms manufacturer Hensoldt, Scholz thanked Lambrecht for her service and said he would act fast to replace her. Among the candidates mooted by German media are Parliamentary Commissioner for the Armed Forces Eva Hoegl, junior defence minister Siemtje Moeller, SPD party chief Lars Klingbeil and Labour Minister Hubertus Heil. Economy Minister Robert Habeck praised Lambrecht for her ambition to reform the Bundeswehr and said her decision would not have been taken lightly. Associated with this were for me many special impressions, many encounters with interesting, great people," Lambrecht said in the video.
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