In a move that underscores Europe’s accelerating rearmament, Germany’s federal government reached an agreement with the Franco-German defense conglomerate KNDS on the terms of a state equity stake. The deal clears a major hurdle for KNDS’s planned stock market listing. The company’s management is also reportedly planning the development of a new tank — a signal that European defense spending is entering a new era of ambition.
Walter Murrow
June 15, 2026
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