Author: Agenzia Fides

(Bloomberg) — Europe’s defense industry must consolidate to meet production needs in the coming years as the continent faces Russian aggression and increasing pressure from US President-elect Donald Trump to ramp up its military, Rheinmetall AG CEO Armin Papperger said.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San Francisco“The pressure Trump is creating at the moment is good for Europe,” Papperger sRead More

Read More

Rheinmetall AG CEO Armin Papperger says the pressure Donald Trump is putting on Europe to spend more on defense is good. Trump has said Europe should spend as much as 5% of gross domestic product on the military. Papperger also talks about being the target of a Russian assassination attempt. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)Read More

Read More