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Keywords: Industrial Strategy
South Korean defense company Hanwha Aerospace has announced plans to significantly increase its stake in Korea Aerospace Industries (KAI), strengthening its position in the country’s strategic aerospace and defense sector. According to the company, Hanwha Aerospace will invest an additional 500......
Daimler Truck has announced the creation of a dedicated defence business unit as part of a broader strategy to expand its role in the military and security vehicle sector, supported by a substantial multi-million-euro investment program. The German manufacturer confirmed that its global defence-related......
Volvo Cars has said it is open to forming new partnerships in the United States as part of its strategy to strengthen production and make better use of its manufacturing capacity in the country. The Swedish automaker is seeking to expand cooperation with other industry players, particularly in assembly,......
The United States and Australia have significantly increased their financial commitment to critical minerals projects, pledging billions of dollars to strengthen supply chains and reduce dependence on external sources. The joint investment, which has nearly doubled compared to earlier commitments, is......
Oliver Blume, chief executive of Volkswagen, has suggested that German car manufacturers could benefit from adopting elements of China’s structured industrial planning as they navigate an increasingly competitive global market. In a recent interview, Blume highlighted China’s coordinated......
Morocco’s aerospace sector is entering a new phase of development, marked by the establishment of a major landing gear production facility by Safran in Nouaceur. The project signals a strategic shift from assembly-based operations to high-value engineering and advanced manufacturing. Located within......