Business

Defense Industry Expands Amid Increased Spending

Updated 2026-07-31 14:10 UTC 2 sources Neutral

Leonardo is anticipating more mergers and acquisitions as Europe increases its defense spending. The company raised its outlook for 2026, aiming to expand capabilities in response to heightened demand.

Coverage timeline — 2 articles

CNBC

Leonardo expects more deals as Europe ramps up defense spending

Leonardo is eyeing further M&A as it races to expand capabilities and meet surging defense demand after raising its 2026 outlook.

2026-07-31 13:37 UTC

MarketWatch

Novo Nordisk’s stock slumps after failed trial — adding to the company’s woes

The Danish healthcare company’s stock slumped on Friday after it announced the Phase 3 trial failure.

2026-07-31 13:54 UTC