German Defence Firm Hensoldt Warns Europe Still Needs US [Barron's]
Lockheed Martin Corporation (LMT)
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Source: Barrons
"It will only be possible in the medium term for Germany and the EU to achieve autonomy in armaments without relying on American capabilities," Oliver Doerre, CEO of the defence electronics maker, told journalists on Tuesday. The firm, based in the southern state of Bavaria, provides radars used in Ukraine to defend against Russian airstrikes. European nations have been unsettled by signs of US President Donald Trump's uncertain commitment to the continent's defence and NATO, and were also shocked after he made overtures to Russia on the Ukraine war. Responding to the geopolitical turmoil, German lawmakers Tuesday approved a plan to dramatically ramp up defence spending pushed by leader-in-waiting Friedrich Merz while the EU is seeking to mobilise huge sums for the continent to rearm. But Doerre cautioned that it was "essential to continue our trusted collaboration with the American industry, particularly with Lockheed Martin," in the areas of naval command systems and radar
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