BUSINESSJun 22 · 14:49 UTCCOURTHOUSE NEWSAgence France-Presse

France, Germany reach deal on arms maker KNDS, paving way for IPO

France and Germany agreed to joint governance of arms maker KNDS with equal stakes, advancing its IPO to strengthen European defense cooperation. The deal follows the collapse of the Franco-German FCAS fighter jet project and aims to boost Europe's industrial and defense capabilities.

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FranceplaceGermanyplaceKNDSorganizationFCAS projecttopicJean-Paul AlarypersonMain Ground Combat System (MGCS)topic

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