Germany and France to take over EU’s largest tank maker

Federaţia Rusă

Berlin will buy a 40% stake in defense giant KNDS, putting it on par with Paris, as the two countries continue to militarize Germany and France are preparing an unprecedented joint state takeover of the EU’s largest tank maker, as the two countries continue their militarization drive. The two governments announced the deal involving Amsterdam-headquartered KNDS on Monday, saying they have finalized the framework governing the company’s ownership, with the countries set to have equal shares.

Germany and France to take over EU’s largest tank maker https://www.rt.com - 23.06.2026 13:45

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Germany and France to take over EU’s largest tank maker https://www.rt.com - 23.06.2026 13:45