Read More: http://www.defensenews.com/story/breaki ... /30831795/PARIS — State-owned Nexter of France and family-controlled Kraus-Maffei Wegmann of Germany signed an agreement on July 29 to set up a 50:50 joint venture holding company, marking a major consolidation in the European land weapons sector.
“The alliance of KMW and Nexter creates a group with the momentum and innovative force required to succeed and prosper in international competition,” the companies said in a joint statement.
[...]
France and Germany have started early studies on a next-generation tank to succeed the Leclerc and Leopard, the official said. France's 2014-19 multiyear military budget lacks funds for acquisition of a Leclerc successor, so the replacement could feature in the next budget law. Nexter has won a contract for modernization of the Leclerc.
Nexter, KMW Seal Deal To Forge Joint Venture
- The Armchair Soldier
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Nexter, KMW Seal Deal To Forge Joint Venture
Nexter, KMW Seal Deal To Forge Joint Venture
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- Retired Site Admin
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Re: Nexter, KMW Seal Deal To Forge Joint Venture
We missed the boat on joining this one...
Only practical way we'll ever get a new tank with any UK input.
Only practical way we'll ever get a new tank with any UK input.
Re: Nexter, KMW Seal Deal To Forge Joint Venture
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- ArmChairCivvy
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Re: Nexter, KMW Seal Deal To Forge Joint Venture
CMI to be thrown in, for good measure?
- upping the size of the "home market" somewhat
- upping the size of the "home market" somewhat
Ever-lasting truths: Multi-year budgets/ planning by necessity have to address the painful questions; more often than not the Either-Or prevails over Both-And.
If everyone is thinking the same, then someone is not thinking (attributed to Patton)
If everyone is thinking the same, then someone is not thinking (attributed to Patton)