US Edition
4 Articles
4 Articles
The federal government invests billions in defense. That's why car companies and mechanical engineers are now entering the arms business. But they all encounter the same problem.
The multimillion dollar owners of Porsche-Piëch join the car of the increase in defense spending in Europe. The holding or family investment vehicle has announced this Wednesday the creation of a platform with other partners to invest in startups in this sector, with an important novelty: they eliminate the demand that had been set so far that the selected companies also apply their developments and research to the civil field."Our aim is to inc…
The billionaire Porsche-Piëch family, the majority shareholder in Porsche and Volkswagen, is establishing a fund to invest in the defense industry. The family hopes to capitalize on significantly higher European military spending.
Coverage Details
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
