Broad demand for land and technology equipment boosts defence companies financial results
Broad demand for land and technology equipment boosts defence companies financial results
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Defence Insight
Shephard Media
Some of the things people like you use Defence Insight for:
- Total addressable market sizing ($)
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- Total addressable market sizing ($)
- Competitor analysis
- Cost analysis
- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
Description
The announcement on 6 February of the financial results for Swedish technology company MilDef were a mirror reflection of positive trends being reported by dozens of companies across the defence industry, with one or two notable exceptions.
Other significant results and forecasts for land and technology defence companies reported in the last two weeks have included those of Northrop Grumman, Raytheon (part of RTX), L3Harris and Babcock International Group.
MilDef reported that its fourth quarter (Q4) in 2024 was its “strongest to date with order intake increasing by 89% to SEK773 million (US$73 million) and order backlog growing by 55%
Other significant results and forecasts for land and technology defence companies reported in the last two weeks have included those of Northrop Grumman, Raytheon (part of RTX), L3Harris and Babcock International Group.
MilDef reported that its fourth quarter (Q4) in 2024 was its “strongest to date with order intake increasing by 89% to SEK773 million (US$73 million) and order backlog growing by 55%
