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13.05.26 - 18:00
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Framework agreement and call‑off with Chemring Nobel AS (Cision)
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Multiconsult (OSE: MULTI)
Multiconsult Norge AS has entered into a framework agreement with Chemring Nobel AS related to technical advisory and design services for a potential Greenfield project in Norway.
The framework agreement has an initial term of three years and covers the delivery of multidisciplinary technical services across early project phases.
In connection with the framework agreement, the parties have also entered into an initial call‑off covering technical advisory and conceptual design services within civil works, infrastructure and utilities. The contract value of the...
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08.01.26 - 15:36
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Defense Stocks Blast Off As Trump Seeks Budget Boost To Defend Western Hemisphere (ZeroHedge)
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Defense Stocks Blast Off As Trump Seeks Budget Boost To Defend Western Hemisphere
European and US defense stocks rose early Thursday after President Trump pushed for a 50% increase in defense spending by 2027.
"After long and difficult negotiations with Senators, Congressmen, Secretaries, and other political representatives, I have determined that, for the good of our country, especially in these very troubled and dangerous times, our military budget for the year 2027 should not be $1 trillion, but rather $1.5 trillion," Trump wrote on Truth Social late Wednesday.
Trump demanded a $500 billion increase in annual defense spending by 2027.
A Goldman Sachs basket of European defense stocks jumped as much as 3.8% and is up 18% year to date.
"Italy's Leonardo tops the Stoxx Europe 600, up 4.2%, followed by Germany's Rheinmetall. The UK's BAE Systems was up about 6%, with Chemring 2.6% higher. About 35% of BAE's sales are to the US Department of Defense, and around 20% of Leonardo...
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