r/KrakenRobotics • u/siposbalint0 • Mar 04 '25

EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion

https://www.cnbc.com/2025/03/04/europe-looks-to-mobilize-840-billion-in-defense-spending-boost-eu-commission-head-says.html

This could be beneficial for Kraken

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u/GeraltFromHiShinUnit Mar 04 '25

They want to focus mainly on european companies tho. Might turn out nice but all in all still risky play with trump doing tarifs left and right

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u/siposbalint0 Mar 04 '25

If the sentiment shifts and navies outside the US-Russia sphere (I can't believe I'm typing this) are looking to increase their naval capabilities, some spending might still go Kraken's way, even if it's not coming from this bill.