Browsing Tag
Type 26
2 posts
RENK to acquire David Brown Defence as Five Eyes naval programmes reshape defence consolidation
RENK Group is acquiring David Brown Defence to add submarine gearbox technology, UK manufacturing capacity and access to major naval programmes across Britain, Canada and Australia. The transaction strengthens RENK’s international defence position, but places sensitive sovereign capabilities under German ownership.
Naval Group beats Babcock, Saab and Navantia to land Sweden’s $4.2bn Luleå-class frigate order
Sweden picked Naval Group over Babcock, Saab and Navantia for a $4.25 billion frigate deal. What it signals for the Baltic, NATO and Europe's defence map.