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Chemring wins $345m US defense contracts to restart airborne decoy production by 2028

Market News
25 Jun 2026
Proactive Investors
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Bullish
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Chemring Group secured up to $345 million in contracts from the US Department of War to restart manufacturing of pyrophoric airborne decoys at its Alloy Surfaces business in Philadelphia. The five-year contract guarantees at least $35 million annually for the first three years, with deliveries starting in fiscal 2028. An additional $45 million contract will fund manufacturing restart and intellectual property transfer. This reverses Alloy Surfaces' discontinued status and signals strong demand for Chemring's countermeasures amid rising missile threats. Updated financial guidance will be provided after further assessment.

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Jyske Bank discloses insider transactions and ongoing share buyback program details.

Jyske Bank discloses insider transactions and ongoing share buyback program details.

Jyske Bank has publicly disclosed recent transactions made by its key managers in compliance with EU Market Abuse Regulation. These disclosures include trades by Peter Schleidt, Erik Gadeberg, and Lars Stensgaard Mørch dated June 24, 2026. Additional...

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Jyske Bank reports insider transactions amid ongoing DKK 3 billion share buyback program.

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Jyske Bank has disclosed transactions made by its leading employees and their close associates in compliance with EU market abuse regulations. These disclosures coincide with the bank's ongoing share repurchase program, which started in February 2026...

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Worldline, Crédit Agricole, and Mastercard complete France's first agentic payment transaction.

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Sanofi Foundation boosts support for children with serious illnesses and vulnerable youth globally.

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The Sanofi Foundation has announced a renewed focus on supporting children and young people, especially those with serious illnesses. It plans to invest €15 million annually in programs that improve early diagnosis, care, and social inclusion, partne...

Others
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2 hours ago
Van Eck reduces voting stake in Endeavour Mining to 6.95% as of June 19, 2026

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Van Eck Associates Corporation notified a decrease in its voting rights in Endeavour Mining PLC to 6.947% as of June 19, 2026, down from a previous 7.995%. The reduction reflects changes in holdings across various Van Eck ETFs focused on gold miners ...

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