Tank maker KNDS's delayed IPO has underscored growing unease over the defence industry's ability to keep ... KNDS did not say when it would resume the IPO, with analysts estimating it could be pushed to the end of 2026 or 2027.
The German government had been set to purchase a 40% stake in KNDS, but the prerequisite stock market flotation has been postponed. Meanwhile, a German drone start-up has raised $1 billion in fresh funding ... .