Rheinmetall reports “boom” as results hit new records with orders for vehicles, ammunition and weapons
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
Porter Airlines has started its new seasonal service between Myrtle Beach, South Carolina, and Billy Bishop Toronto City Airport, the only non-stop service between the two.
Porter is offering twice-weekly roundtrips between Toronto and Myrtle Beach on Thursdays and Sundays until 30 May. Connections are available in Toronto from Ottawa, Montreal, Quebec City and Thunder Bay.
“Porter is seeing an overwhelmingly positive response to our Myrtle Beach service,” announced Robert Deluce, president and CEO of Porter Airlines. “Non-stop flights to Myrtle Beach make it a more compelling and convenient destination for leisure travellers.”
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
The forecast came as the Italian firm presented its new 2025–29 industrial plan to analysts, with its future figures bolstered by the European increase in defence spending.
Speaking before a committee on European affairs, the speakers addressed recent developments following an eventful few days. During this period, the UK pushed for increased support for Ukraine, while the EU eased budget constraints to allow for greater defence spending. Meanwhile, across the Atlantic, US President Donald Trump introduced tariffs that could impact the defence industry.
NATO and other Western countries had been singing from the same song sheet since the full-scale invasion of Ukraine by Russia three years ago but the alliance has been weakened as the new US administration under President Donald Trump pauses military aid to Ukraine.
Since the release of Ireland’s Commission on the Defence Forces (CoDF) report two years ago there have been whisperings about the potential of Ireland buying fighter jets, one of the most ambitious recommendations. The prospect has now inched closer.
UK Prime Minister Keir Starmer raises defence spending, while both NATO and President Trump demand significant further increases.