defense sector

Latest news and articles about defense sector from NEX English

Launch new investment fund in defense sector amid rising spending

The Carlyle Group plans to launch a new investment fund focused on the defense sector, responding to increasing government demand for military modernization. This decision comes as global defense budgets are witnessing a significant rise.

Volkswagen shifts towards weapon production amid economic pressures

Reports indicate that German automaker Volkswagen is negotiating with Israeli defense firm Rafael to produce components for the Iron Dome system. This marks a significant shift in its production strategy amid economic challenges at its Osnabrück plant.