Simulation Market - By end-use, the civil and commercial segment is to exhibit significant growth in the near future.

Shares of German defense company Hensoldt surged 10% following the announcement of a contract extension for the Eurofighter ...

German defense group Hensoldt jumped after the sensor-solutions provider won a contract extension for the Eurofighter Mk1 radar, worth about 350 million euros ($366.4 million).

Hensoldt has been awarded a €350 million contract extension to further develop the Eurofighter Mk1 radar following approvals from the German and Spanish Ministries of Defence.