Germany’s Rheinmetall predicts $16.8B annual order boom, will ‘focus entirely’ on defense
The “tense security situation underpins the promising position of the Group," said the European prime.
German military inks $1.2 billion deal for 50 Puma infantry fighting vehicles
The deal comes as the Bundeswehr looks for ways to modernize its force and now has permission to buy more IFVs, which may mean billions more for the program.
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Germany looks to close ‘peacetime’ capability gaps, targets €15B procurement budget by 2024
"What this tells us is that those projects once in the annual defense budget were not properly funded before transferring to the special arms fund," said Christian Molling, research director at the German Council on Foreign Relations.