Transportation
Daimler Truck CFO Eyes More Defense Growth
A Mercedes-Benz Actros L truck, manufactured by Daimler Truck Holding AG.
Source: Bloomberg
Daimler Truck Holding AG has all the tools to benefit from rising defense spending in Europe, Chief Financial Officer Eva Scherer said.
The manufacturer’s defense business, which makes logistics vehicles, is developing positively, Scherer told Bloomberg Television on Friday. Countries including Germany and France have vowed to bolster their militaries in response to the Ukraine war.