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  • 07/12China launches Chang'e-4 spacecraft for pioneering lunar far side landing mission
  • 06/12Brazilian court freezes tie-up between Boeing and Embraer
  • 03/12Soyuz launches new Russian-American-Canadian crew to the ISS less than 2 months after the previous crewed mission suffered an abort during launch
  • 29/11Taiwan has abandoned its plan to buy a number of F-35 from the U.S. and will instead continue to consider a purchase of 66 F-16V
  • 28/11Turkish Airlines orders 3 additional Boeing 777
  • 28/11An Indian PSLV rocket lifts off from the Satisk Dhawan Space Center with ISRO's HysIS satellite and 30 secondary payloads
  • 27/11Adria Airways signs an LoI for 15 SSJ100
  • 24/11Finland bans military sales to Saudi and UAE
  • 22/11Caribbean Airlines orders 12 Boeing 737 MAX 8
  • 21/11Airbus names new CFO and Commercial Aircraft COO
  • 20/11EasyJet orders additional 17 Airbus A320neo
  • 20/11Arianespace Vega launches Mohammed 6-B, the second Moroccan Earth-observation satellite
  • 19/11China's latest Beidou satellite launch with a Long March 3B rocket clears way for Chang'e-4 lunar far side mission
  • 17/11French Air Force Reaper UAV crashes in Niger
  • 14/11Sweden offers Gripen-E fighter to Armenia
  • 07/12China launches Chang'e-4 spacecraft for pioneering lunar far side landing mission
  • 06/12Brazilian court freezes tie-up between Boeing and Embraer
  • 03/12Soyuz launches new Russian-American-Canadian crew to the ISS less than 2 months after the previous crewed mission suffered an abort during launch
  • 29/11Taiwan has abandoned its plan to buy a number of F-35 from the U.S. and will instead continue to consider a purchase of 66 F-16V
  • 28/11Turkish Airlines orders 3 additional Boeing 777
  • 28/11An Indian PSLV rocket lifts off from the Satisk Dhawan Space Center with ISRO's HysIS satellite and 30 secondary payloads
  • 27/11Adria Airways signs an LoI for 15 SSJ100
  • 24/11Finland bans military sales to Saudi and UAE
  • 22/11Caribbean Airlines orders 12 Boeing 737 MAX 8
  • 21/11Airbus names new CFO and Commercial Aircraft COO
  • 20/11EasyJet orders additional 17 Airbus A320neo
  • 20/11Arianespace Vega launches Mohammed 6-B, the second Moroccan Earth-observation satellite
  • 19/11China's latest Beidou satellite launch with a Long March 3B rocket clears way for Chang'e-4 lunar far side mission
  • 17/11French Air Force Reaper UAV crashes in Niger
  • 14/11Sweden offers Gripen-E fighter to Armenia
  • 07/12China launches Chang'e-4 spacecraft for pioneering lunar far side landing mission
  • 06/12Brazilian court freezes tie-up between Boeing and Embraer
  • 03/12Soyuz launches new Russian-American-Canadian crew to the ISS less than 2 months after the previous crewed mission suffered an abort during launch
  • 29/11Taiwan has abandoned its plan to buy a number of F-35 from the U.S. and will instead continue to consider a purchase of 66 F-16V
  • 28/11Turkish Airlines orders 3 additional Boeing 777
  • 28/11An Indian PSLV rocket lifts off from the Satisk Dhawan Space Center with ISRO's HysIS satellite and 30 secondary payloads
  • 27/11Adria Airways signs an LoI for 15 SSJ100
  • 24/11Finland bans military sales to Saudi and UAE
  • 22/11Caribbean Airlines orders 12 Boeing 737 MAX 8
  • 21/11Airbus names new CFO and Commercial Aircraft COO
  • 20/11EasyJet orders additional 17 Airbus A320neo
  • 20/11Arianespace Vega launches Mohammed 6-B, the second Moroccan Earth-observation satellite
  • 19/11China's latest Beidou satellite launch with a Long March 3B rocket clears way for Chang'e-4 lunar far side mission
  • 17/11French Air Force Reaper UAV crashes in Niger
  • 14/11Sweden offers Gripen-E fighter to Armenia
  • 07/12China launches Chang'e-4 spacecraft for pioneering lunar far side landing mission
  • 06/12Brazilian court freezes tie-up between Boeing and Embraer
  • 03/12Soyuz launches new Russian-American-Canadian crew to the ISS less than 2 months after the previous crewed mission suffered an abort during launch
  • 29/11Taiwan has abandoned its plan to buy a number of F-35 from the U.S. and will instead continue to consider a purchase of 66 F-16V
  • 28/11Turkish Airlines orders 3 additional Boeing 777
  • 28/11An Indian PSLV rocket lifts off from the Satisk Dhawan Space Center with ISRO's HysIS satellite and 30 secondary payloads
  • 27/11Adria Airways signs an LoI for 15 SSJ100
  • 24/11Finland bans military sales to Saudi and UAE
  • 22/11Caribbean Airlines orders 12 Boeing 737 MAX 8
  • 21/11Airbus names new CFO and Commercial Aircraft COO
  • 20/11EasyJet orders additional 17 Airbus A320neo
  • 20/11Arianespace Vega launches Mohammed 6-B, the second Moroccan Earth-observation satellite
  • 19/11China's latest Beidou satellite launch with a Long March 3B rocket clears way for Chang'e-4 lunar far side mission
  • 17/11French Air Force Reaper UAV crashes in Niger
  • 14/11Sweden offers Gripen-E fighter to Armenia
Your are here : Home / News / Nexter and KMW sign an alliance
DEFENCE

Nexter and KMW sign an alliance

Published by Guillaume Belan

French company Nexter and Germany's Krauss-Maffei Wegmann (KMW) have entered into exclusive talks to create a joint venture that would rank as Europe's largest maker of ground armaments, called KANT (KMW and Nexter together). An agreement has been signed by the heads of the companies on 1 July in Paris. This alliance of the two groups under a joint holding company creates a group with an annual turnover nearing 2 billion euros, an order book of around 6.5 billion euro, and more than 6,000 employees, i.e. the biggest European group in land defence. Nexter, maker of the VBCI armoured fighting vehicle and the Leclerc tank, is owned by the French government, while KMW, known for its Leopard tank, is family-owned. The new structure, would be 50 percent held by the French state and 50 percent by the Bode-Wegmann family, with a Franco-German co-presidency for its board. This agreement opens an estimated nine-month discussion phase that would end in the creation of the joint-venture likely in the second quarter of 2015.

 

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