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KNDS

Defense, Aerospace & Space · Amsterdam, Netherlands · Private

KNDS is a European land-defense group producing systems including tanks, artillery, and ammunition. It benefits from a multi-year rearmament cycle across Europe.

$20BLatest valuation2026
No recent priced round disclosedLatest financing2026
Land defense systemsBusiness focusCompany profile
PrivatePublic statusNo confirmed public listing

The Company

KNDS is a European land-defense group producing systems including tanks, artillery, and ammunition. It benefits from a multi-year rearmament cycle across Europe.

2025 revenue reached $5.0B and backlog $37.8B, according to the company. Execution on production capacity and a proposed IPO are the main watch items.

Why It Matters

2025 revenue reached $5.0B and backlog $37.8B, according to the company. Execution on production capacity and a proposed IPO are the main watch items.

Valuation History

  1. $17.4B→Jun 2026Reported, unconfirmed: IPO range $13.9–17.4B (IPO postponed Jul 2026)Source ↗

What Changed

  1. Earlier public financing or market context recorded.

  2. Latest profile review: No recent priced round disclosed.

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