Tag: aerospace and defense
2 articles
Aselsan Bolsters Defence Lead with $23.2 Billion Backlog
Aselsan is leading the defence charge with an impressive $23.2 billion backlog, a 45% year-on-year surge that showcases the company's momentum and growing influence in the industry. With order intake outpacing revenue, Aselsan's order book is rapidly expanding, setting the stage for continued success.
Rheinmetall Sees Sales Surge Amid Naval Expansion
Rheinmetall is riding a wave of success, with sales soaring to €1.9 billion in Q1 2026 - an impressive 8% jump from last year - as its naval expansion plans gain momentum. The company is optimistic about the future, predicting a significant growth spurt in Q2 fueled by large naval and automotive orders.