The German electronics firm Hensoldt is addressing its sizable backlog of orders for defense technologies, particularly radars for Ukraine, against a backdrop of economic turmoil in Germany's car industry. With declining demand and competition from China, firms like Hensoldt and Rheinmetall are pivoting by absorbing workers laid off from automotive suppliers. This strategy reflects a growing need in Europe to reinforce its security and economic resilience, particularly in light of uncertain American policies and potential tariffs from Trump, which threaten traditional alliances and economic arrangements.
Hensoldt's order backlog for defense technology, amid Germany's economic struggles, highlights the shift towards self-reliance and adaptability in Europe versus American unpredictability.
As Trump threatens to impose tariffs, Germany's defense firms are absorbing laid-off automotive workers, signaling a crucial pivot to fortify European security amid economic instability.
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