Germany plans to take 40% in Leopard tank maker KNDS, joining France as stakeholder (opens original article in a new tab)

Germany plans to acquire a 40% stake in KNDS, a defense company producing tanks and armored vehicles, joining France as a shareholder to enhance European security and industrial capabilities.

• Germany plans to take a 40% stake in KNDS, a defense contractor producing tanks and armored vehicles.
• France already holds a 50% stake in KNDS, formed by the 2015 merger of German and French defense companies.
• The agreement aims to strengthen European defense capabilities, industrial sovereignty, and security interests through joint ownership.