Franco-German land systems firm KNDS appoints new CEO
Jean-Paul Alary, currently an executive at Safran Aircraft Engines, will formally take charge of the firm on April, 1 2025, KNDS announced.
Jean-Paul Alary, currently an executive at Safran Aircraft Engines, will formally take charge of the firm on April, 1 2025, KNDS announced.
The contracts are going to France’s Nexter Munitions and Germany’s Junghans Microtec for 155mm rounds, a desperately needed ammo type in Ukraine and one NATO nations are looking to fill their own stocks.
The French military recently narrowed a field of 19 competitors to two in a race for hundreds of small, deadly UAVs.
"We need to have a European strategy for industry and innovation because it’s good for our industries and our industrialists, it’s good for employment in our countries, it’s good to have a capacity for innovation that is dual and that our economy needs, and it’s good for our strategic sovereignty,” said Emmanual Macron.
The United Kingdom, France, Germany, Italy and Spain could ultimately involve buying in excess of 3,200 new heavy armored platforms, with a price tag of over $11.5 billion over the next 15 years.