Headlines
Deutz interested in defence sector opportunities, says CEO
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Deutz is exploring defence sector opportunities, with expected revenue growth and increased share value due to government spending on defence.
(Reuters) - The chief executive of Germany's Deutz said the company is interested in opportunities in the defence sector, after the engine maker reported full-year results on Thursday.
"For us, defence is very important and interesting," CEO Sebastian Schulte told investors.
The firm has opportunities in many countries relating to engines, power packs, retrofitting and repowering, in particular in the field of smaller and medium-sized military vehicles, Schulte said, without giving details on which countries.
"Our understanding is very clearly that engines produced for heavy use and construction ... work very much on the battlefield as well," he added.
Deutz expects revenue stemming from defence orders to reach the "mid double-digit million-euro area" this year, Schulte said.
Shares in the Cologne-based firm have leapt 45% this year on optimism it could benefit from a planned surge in government spending in which defence investment is a major focus.
(Reporting by Paolo Laudani in Gdansk, Editing by Rachel More)
The article discusses Deutz's interest in expanding into the defence sector and its potential revenue growth.
Deutz expects revenue from defence orders to reach the mid double-digit million-euro range this year.
Deutz shares have increased by 45% due to optimism about benefiting from government defence spending.
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