Hensoldt Investment Focus
Hensoldt, the German defense electronics manufacturer, highlighted artificial intelligence (AI) and analytics as promising investment opportunities during its Capital Markets Day. The company, known for producing radars for the IRIS-T air defense system supplied to Ukraine, emphasized the significance of mergers and acquisitions in its growth strategy.
Strategic AI Development
In a statement released on Wednesday, Hensoldt underscored its commitment to investing in AI development across all business segments, targeting relevant products and solutions. The company, experiencing a surge in orders amid increased global geopolitical instability, expressed its intention to explore acquisitions for European consolidation.
Against the backdrop of escalating geopolitical tensions, Hensoldt’s CEO, Thomas Mueller, acknowledged the heightened demand for defense and security technologies. The company recently unveiled plans for a capital increase aimed at funding the acquisition of German military service firm ESG.
During its Capital Markets Day presentation, Hensoldt confirmed its annual and mid-term guidance, reassuring stakeholders about its financial outlook. Notably, the company revealed that approximately 85% of its projected 2024 revenue is already secured, thanks to a substantial 5.5-billion-euro ($6.00-billion) order backlog.
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