Renault returns to the defence industry

Open account Download free app

As the company’s management announced, the Renault Group will once again be among Europe’s arms manufacturers. The European automotive sector has been under pressure from adverse macroeconomic factors for many years, and Renault is no exception.

The French company is performing moderately well compared with other European manufacturers. Back in 2024, the company reported a record operating margin of 7.6% and revenues of EUR 56 billion. Estimates for 2025 show a slowdown in revenue growth and a slight decline in margin. The difficult situation in the sector is also affecting the company—has management just found a way to break the company’s valuation and results out of stagnation?

The company’s portfolio is already highly diversified. It manufactures passenger cars across almost all segments, commercial vehicles, trucks, as well as a full range of batteries and electric drivetrains. Drones branded “Chorus” are now expected to join these products.
Not all details of the new contract are public, which suggests it may be of major importance to the French Ministry of Armed Forces. The first drones are to be delivered to the French army in mid-2026. If the company meets expectations, it could secure a 10-year contract worth EUR 1 billion.
Preliminary arrangements point to a target production rate of 600 drones per month. This translates into about 7,000 drones per year, which under an EUR 1 billion contract, implies a unit price of roughly EUR 13,000–14,000. From a revenue perspective, these figures are not particularly impressive, but given that weapons systems often carry margins 3–4 times higher than cars, the contract could noticeably increase the company’s profitability.

Such diversification clearly highlights the fundamental transformation taking place in European industry and the wider economy.

RNO.FR (D1)

The company's valuations have been through a difficult period, recently defending the €30 level again. The news of its expansion alone has fueled a rise of over 4%. Is this just a temporary rebound, or could it prove to be a trend reversal? Source: xStation5

20 January 2026, 2:25 PM

NATGAS up by 10%🔥📈

20 January 2026, 2:05 PM

Earnings are rising, risk is under control. U.S. Bancorp shows real class 📈

20 January 2026, 12:32 PM

Netflix Q4 2025: Earnings, Content, and Warner Bros. in the Spotlight! 🚨

20 January 2026, 12:30 PM

Uranium bull market accelerates 📈 Stock euphoria returns as Uranium Energy Corp jumps 35%

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Renault returns to the defence industry

RNO.FR (D1)

Join over 2 000 000 XTB Group Clients from around the world