As IPO nears, arms maker KNDS reports booming profits

Franco-German tank and weapons maker KNDS reported booming earnings Tuesday as it gears up to launch the latest initial public offering in the fast-growing defence sector. The news came after the German government announced last week it planned to seek a substantial stake when the group launches its IPO as it tries to gain more […] The post As IPO nears, arms maker KNDS reports booming profits appeared first on Digital Journal.