Germany is considering the market of up to 1,000 Leopard 2 and 2,500 armored battle vehicles in the context of the joint European initiative to strengthen NATO forces to prevent the Russian threat.
The North Atlantic Agreement (NATO) has asked Germany to contribute to the alliance with up to seven combat brigades in the next decade. Once approved, armor and tanks will equip these forces, sources in Bloomberg said.
The order, under consideration by Defense Minister Boris Pistorius and the Bundeswehr (German Armed Forces) leadership, includes up to 1,000 Leopard 2 tanks and up to 2,500 armored GTK Boxer. The tanks are manufactured by KDNS and Rheinmetall, while Battle vehicles by Artec, a consortium of KDNS and Rheinmetall.
Rheinmetall’s share rose up to 3.7% in Frankfurt after the plans were published and investor information.
The total order could reach up to € 25 billion, according to the same sources, although it is noted that negotiations on supplies are still ongoing, so the final number may be smaller.
Orders are expected to be finalized in the coming months and the approval by the House can be given by the end of the year, according to the same sources.
Germany has pledged to allocate the additional brigades as part of its attempt to meet the new objectives for NATO’s operational capacity, agreed at the Alliance Summit in the Netherlands in June.
Regardless of battle tanks and armored battlefields, Berlin received initial approval earlier this year for the supply of more than 1,000 Patria armored vehicles by the Finnish Defense Company Patria, homonymous of the armor. According to the same sources, Patria vehicles will replace the aging fleet of Bundeswehr’s armor Fuchs.
The Finnish company based in Helsinki works with KDNS and Flensburger Fahrzeugbau Gesellschaft (FFG) for the construction of Patria AMV armor, and according to the same sources, the order may reach 2 billion euros. About 90% of production is expected to take place in Germany.
Germany’s new center -right Chancellor Friedrich Mertz has pledged to make the German Armed Forces in Europe’s strongest in order to tackle the growing threat from Russia. With the support of the Greens’ opposition, the government coalition abandoned strict fiscal restrictions on lending to defense this year, paving the way for equipment programs without a historical previous.
To further strengthen the Army, Defense Minister Boris Pistorius said in June that Germany would need to increase the number of active soldiers by 60,000, about one -third. The government hopes that the new voluntary military service, which is expected to enter into force in 2026, will contribute to it.
Source :Skai
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