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The Nexus
SECURITYJun 22 · 09:19 UTCWPLG LOCAL 10 MIAMIAssociated Press

Germany plans to take 40% in Leopard tank maker KNDS, joining France as stakeholder

Germany plans to take a 40% stake in KNDS, a defense contractor producing Leopard and Leclerc tanks, alongside France, which holds a 50% stake. The move aims to strengthen European defense production and security capabilities, with the two governments agreeing to align their strategies for KNDS, potentially leading to an IPO.

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GermanyplaceFranceplaceKNDSorganizationLeopard tankstopicLeclerc tankstopicKrauss-Maffei WegmannorganizationNexterorganizationPuma infantry fighting vehiclestopicBoxer and Dingo armored personnel carrierstopic
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