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European defense giants eye Starlink alternative within months newsthirst.

Roberto Cingolani, CEO of Leonardo. Bloomberg | Bloomberg | Getty Images ROME, Italy – European defense giant Leonardo hopes to present a satellite alliance with Airbus and Thales within months, the company’s CEO told CNBC, as the continent looks for alternatives to Elon Musk’s Starlink. Following months of talks, Leonardo’s Roberto Cingolani told CNBC: “At…

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Time to return to Cold War-era defense spending newsthirst.

It’s “paramount” that Europe returns to Cold War-era defense spending policies as the war in Ukraine continues, Polish President Andrzej Duda told CNBC on Wednesday. The president warned the security situation in Europe has “drastically changed” since 2014, when NATO’s defense expenditure rules were first introduced. “There’s hardly any difference between Soviet imperialism and Putin’s…

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