Hensoldt gets Bundeswehr bid clearance. Hensoldt stock gains 1.51 percent

Hensoldt (ISIN DE000HAG0005) received clearance for a Bundeswehr electronic warfare bid, while its stock traded at EUR 77.42 at Lang & Schwarz on October 1, 2026, up 1.51 percent versus EUR 76.27. As Börse Express reported on September 29, 2026, Hensoldt can join Rohde & Schwarz, Plath and General Dynamics European Land Systems in submitting a binding offer.

Bundeswehr bid clears first hurdle

The approval covers a proposed modernization of electronic warfare equipment for the German armed forces. The alliance may now submit a binding offer, but the final contract decision remains with the Federal Ministry of Defence.

For Hensoldt, the project adds a potential application for its sensor and electronic warfare portfolio. The proposal follows the cancellation of the MAUS project in January 2026, which had originally envisaged a direct award to another supplier.

First-half orders doubled

In the first half of 2026, order intake rose from EUR 1.41 billion to EUR 2.81 billion, a 100.14 percent increase. Börse Express reported that revenue increased 23.60 percent to EUR 1.17 billion in the same period.

The same report put adjusted EBITDA at EUR 137.00 million, up 28.50 percent year over year, with an adjusted EBITDA margin of 11.70 percent. The order backlog exceeded EUR 10.00 billion, giving the company a larger contracted base than its first-half revenue.

The figures show a strong demand profile, but the conversion of orders into revenue and cash remains the central operating test. That distinction matters because backlog growth can support visibility while still requiring production capacity and working capital.

Results date is November 5

HENSOLDT's investor-relations calendar lists November 5, 2026, for its nine-month 2026 quarterly statement, according to HENSOLDT. That release will give investors the next reported revenue, margin and cash-flow checkpoint after the strong first-half order intake.

Hensoldt stock trades above EUR 77

Hensoldt stock was trading at EUR 77.42 at Lang & Schwarz on October 1, 2026 at 12:00 p.m. CEST, plus 1.51 percent versus the prior close of EUR 76.27 on September 30, 2026. The Xetra 52-week range was EUR 63.18 to EUR 117.70 as of October 1, 2026, placing the reference price EUR 40.28 below the yearly high.

The further course of trading is shown by the continuously updated real-time quote of Hensoldt stock.

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