Czechoslovak Group

Money Moves

Publicly traded on Euronext Amsterdam; stock down ~55% from post-IPO high amid short-seller scrutiny and undisclosed NATO subsidiary suspension

Europe spent three decades shrinking its defense industrial base. Global military spending hit $2.89 trillion in 2025, a record, with European spending up 14%, and NATO locked in a 5% GDP target at its July 2026 Ankara Summit.

Updated 5 days ago

Money Moves

Completed record-breaking defense IPO on Euronext Amsterdam

For three decades, the Pentagon told defense contractors to consolidate. Now it's paying $1 billion to help one spin off, taking an equity stake in L3Harris's solid rocket motor business in January 2026 — the first time it has directly invested in a defense supplier. Congress passed an $838.7 billion FY2026 defense budget with $2.9 billion for munitions and industrial capacity expansion, while Raytheon announced five framework agreements to triple Tomahawk production and double AMRAAM output.

Updated May 22