|Bid||138.50 x 72900|
|Ask||139.00 x 36800|
|Day's range||138.50 - 140.00|
|52-week range||111.50 - 144.00|
|PE ratio (TTM)||50.55|
|Earnings date||26 Oct 2017|
|Forward Dividend & Yield||0.44 (2.68%)|
|1y target est||145.80|
German Defence Minister Ursula von der Leyen has decided to buy six MKS-180 multi-role warships instead of putting off a decision on two of those ships until 2030, her spokesman said on Monday. The ministry decided last October to delay a tender for four warships, which was valued at 4 billion euros ($4.24 billion), to ensure that quality standards were met. A decision on two extra warships had initially been planned in 2030.
Germany is nearing a decision to replace its aging short-range air defence systems and help fill a gap that has caused concern among NATO members after Russia's annexation of Crimea, two sources familiar with the issue said. A decision to move ahead would pave the way for a procurement programme valued at 460 million euros through the middle of the next decade, with 2 billion euros in further spending likely in a later phase, said one of the sources.