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February 11, 2026
German submarine manufacturer TKMS announced a record-breaking $22 billion backlog of orders on Wednesday. They also raised their 2026 sales forecast, citing a surge in demand for warships during a period of increasing geopolitical tensions.
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February 10, 2026
Creative director Marco Balich said that the opening ceremony for the Milano Cortina Winter Olympics in Italy was a complex show, staged at four different locations. Its length could be attributed to the exuberance and fervor of the athletes.
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February 4, 2026
Wartsila, the Finnish engineering company, missed its fourth-quarter order forecasts on Tuesday due to U.S. tariffs on batteries and increased competition in their energy storage business. Even though CEO Hakan AGnevall said that there were…
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January 29, 2026
The German budget committee approved a pre-contract to buy?MEKO A200 class frigates on Wednesday. According to two members of the committee, TKMS will pay?50 millions euros ($59.70million) for these frigates. The budget committee approved an…
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January 25, 2026
South Korean Presidential Chief of Staff Kang Hoon -sik announced on Monday that he would be heading to Canada with Hyundai Motor executives and representatives of shipbuilders Hanwha & HD Hyundai Heavy Industries in order to secure a major subcontract.
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January 23, 2026
Armin Papperger, CEO of Rheinmetall, said that the company is considering further acquisitions within the naval sector. In September, Rheinmetall agreed to buy the warship division from German shipbuilder Luerssen at a price of 1.35 billion euro ($1.57 billion).
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January 22, 2026
Hanwha Group, a South Korean conglomerate, aims to create 'at least 200,000 jobs' in Canada by 2040, through cooperation between various sectors, including shipbuilding. The company is competing for a highly contested subcontract. Hanwha will…
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January 22, 2026
According to sources familiar with this project, the German military is preparing a purchase of at least three MEKO A200 class frigates from German shipbuilder TKMS. Each of these ships will cost around $1.17 billion. Sources said that a 'preliminary…
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January 20, 2026
The CEO of TKMS, a warship builder, said that he is in discussions with Norwegian and German firms to offer a multibillion-dollar package to Canada 'in a fiercely-competitive submarine tender. He was trying to beat a rival 'South korean' bid.
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January 20, 2026
The CEO of TKMS, a warship builder, said that he is in discussions with 'Norwegian, German and German companies in order to offer a multibillion-dollar investment package to Canada as part of a fiercely competitive'submarine tender. He hopes to beat a competing South Korean bid.
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January 20, 2026
Leonardo's Chairman on Tuesday dismissed his?comments about a possible merger with Italian shipbuilder Fincantieri as a "light-hearted joke". Stefano Pontecorvo, at a business meeting in Milan on Monday, floated the idea that the two state-controlled companies could merge.
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January 19, 2026
The chairman of Leonardo, an Italian defence and aerospace company, floated the idea on Monday?of a possible future merger between Leonardo and Fincantieri. Stefano Pontecorvo, speaking at a Bocconi University conference in Milan, told an audience that he hopes the two groups can merge one day.
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January 19, 2026
As European companies became accustomed to the hard-won U.S. tariff agreements last year, Donald Trump put them right back in his sights with an "explosive" threat to levy levies against nations who oppose his plan to takeover Greenland. Trump…
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January 9, 2026
Two people with knowledge of the matter said that the state-owned German utility Uniper was close to a deal for the purchase of green ammonia in India, as part of Chancellor Friedrich Merz’s planned trip to India next week. Germany is betting…
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January 9, 2026
Here are some company news and stories that could have a significant impact on France and Benelux's markets or individual stocks. AIR FRANCE KLM has announced that 80 flights will be cancelled on Friday from and to Amsterdam Schiphol Airport due to expected snowfall in the Netherlands.
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January 8, 2026
TKMS stated?in an emailed message, without disclosing details?around this offer. TKMS, spun off from Thyssenkrupp parent in October, said last month that it 'expected to decide soon' whether to purchase?GNYK. This reflects its ambition to expand due to the growing demand for defense equipment.
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December 25, 2025
Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.
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December 25, 2025
Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…
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December 15, 2025
The German Economy Minister announced on Monday that the state-rescued German shipbuilder Meyer Werft had secured a major order worth up to ten billion euros ($11.7?billion) with Swiss cruise operator?MSC Cruises. This will ensure capacity utilization through the mid-2030s.
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December 5, 2025
The Norwegian defence ministry announced on Friday that it plans to purchase two additional submarines and some long-range cannons from Germany. This will be at a higher price than previously due to the high demand for military gear. The order…
