Tankmaker KNDS Postpones IPO Citing Market Conditions

A Leopard 2 A8 main battle tank at the KNDS NV stand during the International Defence and Security Technologies Fair (IDET) in Brno, Czech Republic, on Wednesday, May 28, 2025. The European Union’s 27 member states gave initial approval to a €150 billion defense fund that will distribute money to countries looking to invest in security capabilities according to people familiar with the matter.