0942 GMT - Eurofighter is expecting an increase in orders and is accelerating its production to be able to meet current and future demand, Chief Executive Jorge Tamarit tells a defense industry event in Madrid on Tuesday. The European fighter jet consortium--which brings together Airbus, BAE Systems and Leonardo--expects imminent orders from Germany, and has seen interest from Turkey and Middle East governments, he says. As the U.S. pivots toward the Indo-Pacific, European countries must establish alliances with new countries, he adds, describing the Middle East as a source for multiple opportunities. Airbus shares are 0.6% is, while Leonardo's are up 0.1% and BAE Systems' are up 0.45%. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
May 13, 2025 05:42 ET (09:42 GMT)
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