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A new era of defence collaboration! Today marks a significant milestone with the UK and Germany signing a landmark defence treaty. This ground-breaking agreement not only highlights a renewed focus on strengthening military ties between the two nations but also underscores a broader intent to reset relationships with European allies in the post-Brexit landscape. The German Ambassador to the UK, Miguel Berger, emphasised the increasing importance of defence over the next five years, shedding light on opportunities for the UK's defence industry. This partnership is set to enhance our roles within this joint endeavour, reflecting our longstanding cooperation as NATO allies and our mutual commitment to European security. Already, our collaborative efforts are evident in advanced projects like the Boxer armoured fighting vehicle and the Challenger 3 tank, developed by RBSL—a partnership between Germany's Rheinmetall and the UK's BAE Systems. Defence Secretary John Healey rightly calls this a "milestone moment," promoting stronger bonds between our military forces and industries. Let's use this moment to pave the way for future innovations and shared security objectives. For more updates on opportunities, follow Electus Recruitment for the latest jobs and news: https://lnkd.in/ekwbqcwY. #Defence #UKGermany #SecurityPartnership

A new era of defence collaboration! Today marks a significant milestone with the UK and Germany signing a landmark defence treaty. This ground-breaking agreement not only highlights a renewed focus on strengthening military ties between the two nations but also underscores a broader intent to reset relationships with European allies in the post-Brexit landscape. The German Ambassador to the UK, Miguel Berger, emphasised the increasing importance of defence over the next five years, shedding light on opportunities for the UK's defence industry. This partnership is set to enhance our roles within this joint endeavour, reflecting our longstanding cooperation as NATO allies and our mutual commitment to European security. Already, our collaborative efforts are evident in advanced projects like the Boxer armoured fighting vehicle and the Challenger 3 tank, developed by RBSL—a partnership between Germany's Rheinmetall and the UK's BAE Systems. Defence Secretary John Healey rightly calls this a "milestone moment," promoting stronger bonds between our military forces and industries. Let's use this moment to pave the way for future innovations and shared security objectives. For more updates on opportunities, follow Electus Recruitment for the latest jobs and news: https://lnkd.in/edJfvcZz. #Defence #UKGermany #SecurityPartnership

Invited as #NIAG Chair for the presentation of the Dutch Defence White Paper 2024 Ministerie van Defensie This is leading for the organisation, composition and equipping of the Dutch armed forces and outlines a coherent picture of the investments that this cabinet is making in Defence. Defence wants to provide sufficient combat power for a credible deterrent, and if necessary wants to defend the Netherlands and the NATO treaty area to guarantee our security. €2.4 billion structural addition to the defence budget, with which the Netherlands meets the NATO standard. Including actions to scale up military production capacity. Strong and smart armed forces, which together with partners ensures the necessary deterrence to keep Russia and other opponents at bay.

Rheinmetall CEO Armin Papperger, in an interview with the Financial Times, emphasized the need for Europe to establish defense technology champions through closer cooperation among countries, each specializing in different types of military technologies. Papperger pointed out that the United States is unlikely to provide military aid to Europe in the event of a military threat, as demonstrated by its recent blocking of military aid to #Ukraine. He highlighted that the US is now more focused on the Asia-Pacific region and may not prioritize Europe's defense needs. He warned that if a full-scale armed conflict occurs in #Europe, the #US would likely shift its focus to Asia, leaving Europe without significant support. Papperger stressed that regardless of who occupies the White House, pressure on #Germany to bolster its military capabilities will persist, urging Europe to take proactive measures to strengthen its defense sector.

US-made Patriot systems failed even to protect themselves — Russian general In the course of the special military operation, Russian air defense systems confirmed their potential to repel strikes by all types of enemy air attack capabilities, Andrey Semyonov said MOSCOW, July 5/ US-supplied Patriot air defense systems turned out to be unable to protect not just designated signs, but themselves as well, Russian Air and Missile Defense Forces Commander Lt. Gen. Andrey Semyonov said. Semyonov, who is also deputy commander-in-chief of the Russian Aerospace Forces said in his article that in the course of the special military operation, Russian air defense systems confirmed their potential to repel strikes by all types of enemy air attack capabilities. "That contrasts with the much-vaunted Patriot air defense systems, which were supplied to Ukraine by NATO countries and, as the experience of the special military operation showed, proved unable not only to protect the designated sites, but also to counter modern Russian means of destruction, that is, to protect themselves," the Russian general wrote. #business #finance #financialservices

Defence spending Russia’s war in Ukraine was the main driver of European defence spending, but for the first time since 2009, military expenditure also increased in the other four main geographical regions, the Stockholm International Peace Research Institute, a leading think-tank, said Monday. The US remained far and away the world’s biggest military spender, with its defence budget rising more than 2 per cent last year to $916bn, equivalent to 37 per cent of the global total. Overall, European defence spending rose 16 per cent to $588bn China, the world’s second-largest defence spender, allocated an estimated $296bn to its military in 2023, an annual increase of 6 per cent Japan’s defence spending rose 11 per cent to $50bn Middle East defence spending rose 9 per cent to $200bn Among the biggest national increases was a 24 per cent rise in Russian defence spending to an estimated $109bn. (FT)

"#NATO is resourced through the direct and indirect contributions of its members. NATO’s common funds are composed of direct contributions to collective budgets and programmes, which equate to only 0.3% of total Allied #defence spending (around EUR 3.3 billion for 2023). These funds enable NATO to deliver capabilities and run the entirety of the Organization and its military commands." Future of #Defence UCITS #ETF ticker $NATO #etfs https://lnkd.in/e-77d7_B

Japan's defense ministry eyes $297 billion budget by 2027 to counter China’s growing threat 🇯🇵 #Japan’s Defence Ministry has requested a record 8.5 trillion yen ($59 billion) budget for the upcoming year to enhance deterrence on southwestern islands considering #China’s growing threats, Firstpost has reported. By 2027, Japan intends to invest 43 trillion yen ($297 billion) to double its annual military expenditure to approximately 10 trillion yen, positioning itself as the world’s third-largest military spender after the United States and China.

The Danish Defence Acquisition and Logistics Organisation (Forsvarsministeriets Materiel- og Indkøbsstyrelse) has awarded a contract to German defence manufacturer Rheinmetall for the delivery of 16 Skyranger 30 air defence systems. The contract, which includes the supply of 16 Skyranger 30 turrets and associated ammunition, was signed on September 27. While the financial details of the agreement remain confidential, this procurement marks a significant step in strengthening Denmark’s military capabilities. The Danish Army plans to integrate the Skyranger 30 onto its General Dynamics European Land Systems Piranha V 8x8 platform, already in service with the Danish military. This platform meets the requirements for both mobility and protection, making it a suitable choice for the Skyranger system. The acquisition of the Skyranger 30 is part of Denmark’s broader effort to enhance its Very Short Range Air Defence (VSHORAD) capabilities, in line with NATO requirements. The system will provide essential protection for land-based military units, including command posts and combat forces, in both national defence and international operations. Find out more 👉 https://lnkd.in/dn6U7khN #Denmark #DALO #airdefence #Skyranger30 #Rheinmetall #Germany #Europe #NATO #defence #industry #military #technology

In a significant development, Russia has announced that it is considering a new level of military cooperation with India, involving the joint deployment of troops and an agreement on logistics support. This potential move marks a new dimension in the strategic relationship between the two nations, signalling deeper defence ties and mutual reliance. #IndiaRussiaRelations #MilitaryCooperation #JointDeployment #LogisticsSupport #DefenseTies #StrategicPartnership #GlobalSecurity