
Germany plans to buy an initial 40% stake in defence company KNDS, the maker of Leopard 2 tanks and Panzerhaubitze 2000 systems, as Berlin seeks greater involvement in the defence industry and aims to retain key expertise.

Franco-German manufacturer KNDS has secured 350 orders from five countries for the newest Leopard 2A8 main battle tank, with Germany alone committing to 123 units and planning to expand its purchase. The upgraded A8 variant features enhanced protection systems and represents several billion euros in confirmed contracts, with production expected to run for years.

SMPP and KNDS have signed a teaming agreement to offer the KATANA family of precision-guided 155mm artillery ammunition to the Indian Army under the Make in India framework. The companies announced the agreement at Milipol in Paris, outlining plans to support India’s requirements for advanced artillery munitions.

Ralf Ketzel, managing director of KNDS, manufacturer of Leopard 2 battle tanks, said,”The ability to deliver quickly is now exhausted,” adding, “Two years ago, a strategic decision should have been made that this will be a war lasting several years. Then we could deliver new material today,” in reference to Russia’s full-scale invasion of Ukraine launched in February 2022.