Latest news with #AerospaceDefense
Yahoo
3 days ago
- Business
- Yahoo
Europe might be increasing its defense spending, but it's moving too slowly to be ready for Russia, says Saab CEO
Saab CEO Micael Johansson is worried that the European process will drag its defense build-up. He told BI that, as an example, Sweden's spending hike could take years to become contract orders. European leaders have been warning that they only have four years to deter a serious Russian threat. Saab's CEO Micael Johansson said that while Europe's leaders have announced huge defense spending hikes, the continent's current processes are slowing it down too much. "Now, we want to spend like 3.5% to 5% of GDP on defense. But then, when you start getting into the normal processes in terms of, okay, defense forces have to decide what to spend the money on, and then it has to be acquired by someone," Johansson told Business Insider on the sidelines of the Shangri-La Dialogue. "The process is much too long still. It takes a long time before it gets into industry," he said, adding that he was worried about the gap. As an example, Johansson said any recent boosts in Sweden's defense spending would take military authorities "six months roughly" to decide what to spend the funds on. And that's before acquisition and matériel officials come into the mix, he said. Stockholm aims to increase defense spending from 2.4% of its GDP this year to 3.5% by 2030. "And so we're still looking at a couple of years before you actually get going, which is not good enough, I think, in times of war. Which is tragic," Johansson said, who was elected president of the Aerospace, Security and Defence Industries Association of Europe last month. At the same time, the CEO raised concerns about Russia's war footing manufacturing capability, estimating that Moscow was making up about five times as many artillery shells as all of Europe yearly. "Europe has to take its own responsibility, so we need to have integrated our missile defense systems, the collaborative combat aircraft, we need to have space technology, we need to have hubs where we can do ammunition manufacturing," he said. At the Dialogue, which ran from Friday to Sunday, Germany's defense chief, Gen. Carsten Breuer, raised a similar issue for his country. "I think in Germany we are facing a situation, or at least we faced a situation, where we had processes over processes and processes, and all those processes were developed not to spend any money," Breuer said at a panel on Saturday. "Because we had enough time, but we did not have the money." Breuer said that if German officials deemed a process was moving too quickly, they would "then develop an additional process to slow it down." European military officials have warned that their nations must be ready for a possible conflict with Russia by 2029, when they estimate that Moscow would be strong enough to launch an attack on the Baltic states. Anxieties on the continent have been compounded by the second Trump administration's signaled reluctance to continue supporting regional defense in areas where European states are falling short. President Donald Trump has called for NATO's European members to hike defense spending to 5% of their GDP. Some, such as Germany, have signaled an openness to such an eventual arrangement. Saab, which manufactures the Gripen fighter jet that's geared toward fighting Russian threats, has seen a rapid surge in demand since the war in Ukraine began in 2022. The Nordics' biggest defense manufacturer reported 2024 annual sales of 63.75 billion Swedish krona, or about $6.6 billion. By comparison, annual revenue in 2021 was 39.15 billion krona. Read the original article on Business Insider
Yahoo
5 days ago
- Business
- Yahoo
National Presto Industries (NYSE:NPK) Has More To Do To Multiply In Value Going Forward
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after investigating National Presto Industries (NYSE:NPK), we don't think it's current trends fit the mold of a multi-bagger. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for National Presto Industries: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.13 = US$48m ÷ (US$455m - US$75m) (Based on the trailing twelve months to March 2025). Thus, National Presto Industries has an ROCE of 13%. That's a relatively normal return on capital, and it's around the 11% generated by the Aerospace & Defense industry. View our latest analysis for National Presto Industries Historical performance is a great place to start when researching a stock so above you can see the gauge for National Presto Industries' ROCE against it's prior returns. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of National Presto Industries. Over the past five years, National Presto Industries' ROCE and capital employed have both remained mostly flat. It's not uncommon to see this when looking at a mature and stable business that isn't re-investing its earnings because it has likely passed that phase of the business cycle. So unless we see a substantial change at National Presto Industries in terms of ROCE and additional investments being made, we wouldn't hold our breath on it being a multi-bagger. We can conclude that in regards to National Presto Industries' returns on capital employed and the trends, there isn't much change to report on. And with the stock having returned a mere 16% in the last five years to shareholders, you could argue that they're aware of these lackluster trends. So if you're looking for a multi-bagger, the underlying trends indicate you may have better chances elsewhere. National Presto Industries does have some risks though, and we've spotted 2 warning signs for National Presto Industries that you might be interested in. While National Presto Industries may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
3D Printing Metals Market worth $3.62 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 29, 2025 /PRNewswire/ -- The report "3D Printing Metals Market by Metal Type (Titanium, Aluminum, Steel, Nickel & Cobalt, Other Metal Types), Form (Filaments, Powder), Technology (Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Metal Extrusion, Other Technologies), End-use Industry (Aerospace & Defense, Automotive, Medical & Dental, Other End-Use Industries), and Region - Global Forecast to 2030", global 3D printing metals market is expected to reach USD 3.62 billion by 2030 from USD 1.19 billion in 2025, at a CAGR of 25.0% from 2025 to 2030. Continuous technological innovation in 3D printing drives growth in the 3D printing metals market. Technological advancements in additive manufacturing processes, including selective laser melting (SLM), electron beam melting (EBM), and direct energy deposition (DED), are greatly improving the precision, speed, and scalability of metal printing. These technologies are making it increasingly possible to manufacture intricate metal parts with lower material scrap and more affordable tooling than in traditional manufacturing. At the same time, the increasing availability of high-performance metal powders, such as titanium, aluminum, stainless steel, and nickel alloys, is broadening application opportunities across various industries, including aerospace, automotive, medical, and defense. Key factors driving this growth include a rising demand for lightweight, custom-designed parts, increased spending on research and development, and the growing use of digital manufacturing techniques. Additionally, government incentives and the push for sustainable production processes are also contributing to market expansion by encouraging businesses to incorporate additive manufacturing into their production workflows. Browse in-depth TOC on "3D Printing Metals Market" 200 – Tables120 – Figures300 – Pages Download PDF Brochure: Nickel & Cobalt registered the second-largest market share in 2024 in the metal type segment in terms of value Nickel & cobalt accounted for the second-largest share in the 3D printing metals market because they have a unique combination of mechanical properties, thermal stability, and corrosion resistance that is necessary for demanding applications. Nickel-based superalloys have a wide application in aerospace, automotive, and energy industries for turbine blades, exhaust systems, and structural components that are required to withstand harsh conditions. Cobalt alloys, in contrast, are essential in the medical industry for prosthetics and implants because of their biocompatibility and durability over the long term. With 3D printing's capacity to produce intricate, lightweight structures with these metals, they have become more appealing to minimize waste and optimize performance in mission-critical components. In addition, the constant evolution of high-performance metal powders and advancements in printing accuracy have further broadened their application, sustaining demand and solidifying their dominant market position following titanium. Directed energy deposition segment registered the second-largest market share in terms of value in 2024 Directed energy deposition (DED) represents the second-largest category in the 3D printing metals market by technology based on its flexibility, ability to suit high-value and large-scale applications, and capability to repair or add material to existing parts. In contrast to powder bed fusion, DED can use a variety of metal types and can print or repair intricate geometries directly onto parts, which makes it very useful for the aerospace, defense, oil & gas, and heavy machinery industries. DED is exceptionally well-fitted for the manufacturing of heavy structural components and for MRO uses, wherein it extends component life and saves considerable downtime and cost. The technology is also designed to support both wire and powder feedstock, thus allowing flexibility in material procurement and cost management. With industrial customers increasingly using additive manufacturing for new production as well as part refurbishment, DED's capacity to produce tough, high-quality metal components with low waste continues to fuel its rising market share. Request Sample Pages: Automotive segment accounted for the second-largest market share in terms of value in 2024 The automotive industry accounted for the second-largest share of the 3D printing metals market because of its growing applications for additive manufacturing in lightweighting, quick prototyping, tooling, and low-volume production of complex metal components. While the industry demands better fuel efficiency, lower emissions, and quicker product development, metal 3D printing provides enormous benefits, enabling the production of optimized, high-performance parts with less material waste and shorter lead times. This is especially useful in electric cars, motorsports, and high-end vehicles, where weight savings and customization are paramount. The technology is also finding more acceptance in the manufacturing of end-use metal components, solidifying its position in auto manufacturing even further. Asia Pacific accounts for the third-largest share of the 3D printing metals market in terms of value Asia Pacific accounted for the third-largest share of the 3D printing metals market in 2024 because of industrialization, increasing investment in cutting-edge manufacturing technologies, and high demand from major industries like automotive, electronics, and healthcare. China, Japan, South Korea, and India are aggressively upgrading their additive manufacturing capacity with the help of government programs and public-private collaborations. Though the region is yet to develop its high-end metal 3D printing expertise relative to North America and Europe, its scale of manufacturing, cost advantage, and increasing use of 3D printing in prototyping and tooling are propelling steady market expansion. With local industries further increasing capacity and embracing more advanced applications, Asia Pacific's contribution is likely to rise in the next few years. Request Customization: Key Players Prominent companies include 3D Systems, Inc. (US), Renishaw plc (UK), Stratasys Ltd. (US), General Electric Company (US), Carpenter Technology Corporation (US), Materialise (Belgium), Sandvik AB (Sweden), EOS GmbH (Germany), Nano Dimension (US), Nikon SLM Solutions AG (Germany), Proto Labs (US), Titomic (Australia), Höganäs AB (Sweden), Forward AM Technologies GmbH (Germany), and Pollen AM Inc. (France). Get access to the latest updates on 3D Printing Metals Companies and 3D Printing Metals Market Size Browse Adjacent Market: Mining, Minerals and Metals Market Research Reports & Consulting Related Reports: 3D Printing Plastics Market - Global Forecast to 2028 3D Printing Materials Market - Global Forecast to 2027 Plate and Tube Heat Exchanger Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets Sign in to access your portfolio
Yahoo
11-05-2025
- Business
- Yahoo
Returns On Capital At Curtiss-Wright (NYSE:CW) Have Stalled
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So, when we ran our eye over Curtiss-Wright's (NYSE:CW) trend of ROCE, we liked what we saw. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Curtiss-Wright, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.15 = US$605m ÷ (US$5.0b - US$954m) (Based on the trailing twelve months to March 2025). Thus, Curtiss-Wright has an ROCE of 15%. In absolute terms, that's a satisfactory return, but compared to the Aerospace & Defense industry average of 10% it's much better. See our latest analysis for Curtiss-Wright In the above chart we have measured Curtiss-Wright's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Curtiss-Wright . The trend of ROCE doesn't stand out much, but returns on a whole are decent. Over the past five years, ROCE has remained relatively flat at around 15% and the business has deployed 33% more capital into its operations. Since 15% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Stable returns in this ballpark can be unexciting, but if they can be maintained over the long run, they often provide nice rewards to shareholders. In the end, Curtiss-Wright has proven its ability to adequately reinvest capital at good rates of return. And long term investors would be thrilled with the 358% return they've received over the last five years. So even though the stock might be more "expensive" than it was before, we think the strong fundamentals warrant this stock for further research. While Curtiss-Wright doesn't shine too bright in this respect, it's still worth seeing if the company is trading at attractive prices. You can find that out with our on our platform. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
