Steyr Motors: The defense beneficiary plans to multiply revenue to €140 million by 2027. New €20 million order!
Reading Time: 2 minutes
On the stock market, defense stocks are booming. Steyr Motors (i) (WKN A40TC4), which was restructured by Mutares, is a provider of special engines. These are used in trains, ships, and especially military applications. This includes tanks, military vehicles weighing between 3.5 and 10 tons, as well as fast and combat boats. Notable customers include esteemed names like KNDS, BAE Systems, Thales, Rheinmetall, and General Dynamics. Steyr Motors supplies, among others, the Bundeswehr, Navy Seals, and the Royal Marines. In the civilian sector, Siemens...
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