German armament programs register significant growth

  • Mihai Turcanu
  • 4.4.2018 15:03

On 19 March, the German Ministry of Defence presented the 7th Report on Armament Affairs disclosing progress details on 34 projects approved in 2017 by the Budestag. The total value of these projects is around € 14 billion.

Among these projects are listed further acquisition and modernisation of Leopard 2 main battle tank, as well as of  Boxer armoured vehicles, conversion and deployment to Afghanistan of Tiger helicopters, the development of a future infantry soldier system, etc.  Although these numbers mark a progress for Germany whose military spending accounts for only 1.26% of its GDP, they are rather modest when compared to armament programs of major actors in the Euro-Atlantic area. The American military budget for 2018 has reached ≈ €476,5 billion, while Russia will acquire military equipment for around ≈ €268 billion over the next 10 years, although because the acquisitions will be carried out in rubles and from local vendors, the value of the purchase is in fact significantly higher. Arms manufacturer Rheinmetall has confirmed it will benefit from a large share of Bundeswehr contracts mentioned above, but expressed concerns over the government's intentions to limit arms exports, stating that such approach will hamper the growth of German military industrial complex, but also efforts directed at implementing common European arms projects.

About author: Mihai Turcanu

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