#defence-industry

#defence-industry

The report catalogues a relentless barrage of cyber operations, most by state-sponsored groups, against EU and US industrial supply chains. It suggests the range of targets for these hackers has grown to encompass the broader industrial base of the US and Europe from German aerospace firms to UK carmakers. State-linked hackers have long targeted the global defence industry, but Luke McNamara, an analyst for Google's threat intelligence group, said they had seen more personalised and direct to individual targeting of employees.

The focus of Monday's discussions will be the university's endowment fund, worth about 4.2bn. The fund was set up to ensure the organisation's long-term financial security and is managed by the University of Cambridge Investment Management Limited (UCIM), a private company owned by the university. The company operates as a fund of funds a complex financial structure that means its money is spread across a wide range of sectors and overseen by an investment manager.

Merz said Berlin also wants a closer security partnership with New Delhi, including deeper "cooperation between our defence industries" to cut India's traditional dependence on Russia for military hardware. Merz began his two-day India visit -- his first to Asia since taking office in May -- two weeks ahead of an EU-India summit and as India and the European bloc are working on a free trade agreement.

Guillaume Faury, chief executive of Airbus, Roberto Cingolani, chief executive of Leonardo and Patrice Caine, chief executive of Thales, said in a joint statement that the new company marked a pivotal milestone for Europe's space industry. By pooling our talent, resources, expertise and R&D capabilities, we aim to generate growth, accelerate innovation and deliver greater value to our customers and stakeholders, they said.