Germany to Sign EUR7 Billion Frigate, APC Contracts

Fuchs Armored Personnel Carrier (APC) – Wikimedia Commons

The German government is planning to sign contracts in the coming months as part of an effort to modernize the country’s military, starting with the acquisition of new frigates and armored vehicles, according to a report in Bloomberg. 

Sources told Bloomberg that the deals under consideration could total as much as EUR7 billion, including an EUR3 billion purchase of a pair of F126 frigates, which would bring the number of F126 frigates on order to six. 

Bloomberg noted that the German Defense Ministry declined to comment on the report. 

Steel-cutting for the first F126 frigate began in December and its keel should be laid later this year. Germany expects the class to begin entering service by the end of the decade. 

Germany is also considering a major purchase of Fuchs armored personnel carriers, according to the Bloomberg report. As much as EUR4 billion could be spent on acquiring 900 of the vehicles – likely in different variants – with deliveries possible for next year depending on when the contract is awarded.

Lead Analyst, Defense Markets and Strategic Analysis at Forecast International | + posts

Military markets analyst, covering Eurasia, Middle East, and Africa.

About Derek Bisaccio

Military markets analyst, covering Eurasia, Middle East, and Africa.

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