This edition highlights:
- Airbus and Kratos’s first European flight of the US-built Valkyrie combat drone, a test of how Europe can pair American platforms with sovereign systems as its defense spending rises.
- Bayer’s $2.2 billion drug plant in Ohio, the latest sign of European pharmaceutical investment moving across the Atlantic under US tariff pressure.
- Schneider Electric’s $22.6 billion bid for Boston-based PTC, which would make the French group a direct rival to Siemens in industrial software and AI.
- TotalEnergies’ $1.2 billion expansion of its US solar venture with KKR, as European energy companies build in Texas and Ohio and recycle the capital through US investors.
