Overview
- On August 11, Trumpf officially opened its laser and machine technologies to defense companies under a policy that limits use to defensive weapon systems
- The decision capped months of internal discussions among the family owners and management in response to changing global security conditions
- In fiscal year 2024/25, the Ditzingen-based firm saw revenue fall from €5.2 billion to €4.3 billion and order intake decline from €4.6 billion to €4.2 billion
- Trumpf withheld profit figures pending the release of its full financial results, including earnings, scheduled for October
- The move marks a departure from Trumpf’s traditional focus on civilian and industrial markets and its long-standing avoidance of supplying arms manufacturers