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  • 18/01Norway flies F-35 using 40% sustainable fuel blend
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  • 29/01South Sudanese crash of a chartered Beech 1900D crash has resulted in 20 fatalities, with a single survivor
  • 29/01In-flight malfunction caused F-35 12th crash during Alaska training flight
  • 29/01A PSA Airlines CRJ-700 collided with US Army H60 helicopter in Washington DC landing at Reagan Airport, killing 67
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  • 29/01India’s 1st launch of 2025 sends NVS-02 navigation satellite into orbit
  • 29/01South Sudanese crash of a chartered Beech 1900D crash has resulted in 20 fatalities, with a single survivor
  • 29/01In-flight malfunction caused F-35 12th crash during Alaska training flight
  • 29/01A PSA Airlines CRJ-700 collided with US Army H60 helicopter in Washington DC landing at Reagan Airport, killing 67
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  • 23/01China launches classified TJS-14 satellite towards geostationary belt
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  • 17/01Boeing resumes 777-9 flights after 4-month halt
  • 17/01French Navy ATL2 aircraft targeted by Russian S400 SAM in Baltic Incident
  • 17/01Chinese Long March 2D launched the 1st PRSC-EO1 satellite of a remote sensing constellation for Pakistan, with 2 additional domestic spacecraft
  • 16/01Blue Origin New Glenn reaches orbit on 1st launch
  • 16/01Daher confirms plans to assemble TBMs and Kodiaks in Florida
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  • 15/01US Air Force delays Boeing T-7A trainer production decision until 2026
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  • 29/01South Sudanese crash of a chartered Beech 1900D crash has resulted in 20 fatalities, with a single survivor
  • 29/01In-flight malfunction caused F-35 12th crash during Alaska training flight
  • 29/01A PSA Airlines CRJ-700 collided with US Army H60 helicopter in Washington DC landing at Reagan Airport, killing 67
  • 28/01Boom’s XB-1 achieves supersonic flight over Mojave desert
  • 23/01China launches classified TJS-14 satellite towards geostationary belt
  • 18/01Norway flies F-35 using 40% sustainable fuel blend
  • 17/01SpaceX successfully catches Super Heavy booster, loses Starship upper stage during Flight 7
  • 17/01Boeing resumes 777-9 flights after 4-month halt
  • 17/01French Navy ATL2 aircraft targeted by Russian S400 SAM in Baltic Incident
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  • 16/01Blue Origin New Glenn reaches orbit on 1st launch
  • 16/01Daher confirms plans to assemble TBMs and Kodiaks in Florida
  • 15/01Falcon 9 launches American Blue Ghost and Japanese HAKUTO-R M2 Resilience commercial lunar landers
  • 15/01US Air Force delays Boeing T-7A trainer production decision until 2026
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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