UK PM Starmer is set to call for multinational defence initiative to cut costs of rearmament, according to FT

UK PM Starmer's call for a multinational defense initiative signals a potential shift in defense funding dynamics, emphasizing cost reduction amidst rising rearmament pressures.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Safran (SAF FP) FY25 (EUR): Revenue 31.3bln (prev. 27.3bln Y/Y), Operating profit 4.72bln (prev. 4.13bln Y/Y), sees FY26 revenue higher in the low to mid-teens and operating income between 6.1-6.2bln

Capgemini (CAP FP) - FY 2025 (EUR): Revenue 22.5bln (prev. 22.1bln Y/Y), Operating profit 2.2bln (prev. 2.4bln Y/Y); guides initial FY26 at 6.5-8.5%

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This could enhance collaboration and strategic partnerships, impacting defense stocks and broader geopolitical stability as nations seek to balance costs with security needs.

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