A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Swedish Defence Materiel Administration (FMV) has signed two major contracts with KNDS, the German-French defense group, to both modernize its current tank fleet and procure new armored vehicles. The …
Sweden Signs Agreement to Modernize and Expand Leopard Tank Fleet Read More
In a pivotal step for European defense modernization, four major defense companies—KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales—have formally established the MGCS Project Company GmbH (MPC). The new entity, …
MGCS Project Company GmbH Officially Launched by KNDS, Rheinmetall, and Thales Read More
KNDS and Texelis announced today that they have signed a Memorandum of Understanding (MOU) to begin exclusive negotiations for KNDS France to acquire Texelis’ Defense business. The proposed acquisition would …
KNDS to Acquire Texelis Defense Business Read More
Sweden has embarked on a significant military modernization program, highlighted by a SEK17.2 billion ($1.54 billion) investment in its tank fleet. This substantial deal with KNDS Deutschland will see the …
Sweden to Significantly Enhance its Tank Forces Read More KNDS Deutschland and Rheinmetall, through their joint venture ArGe D-LBO (Working group for digitalizing land-based operations), was awarded a EUR1.98 billion ($2.07 billion) contract from the German Federal Office of …
German Army Embarks on €3.2 Billion Digital Transformation with KNDS and Rheinmetall Read More Defense industry giants Leonardo and Rheinmetall have officially formed a new joint venture, Leonardo Rheinmetall Military Vehicles (LRMV), dedicated to the development and production of military combat vehicles. This partnership …
Leonardo and Rheinmetall Join Forces to Create European Combat Vehicle Powerhouse Read More
KNDS has taken a significant step in supporting Ukraine, officially opening a subsidiary in Kyiv. The new subsidiary, KNDS Ukraine LLC, will serve as a central hub for coordinating the …
KNDS Opens Kyiv Subsidiary to Bolster Ukrainian Military Support Read More
At Eurosatory 2024, KNDS is showcasing its latest developments in main battle tank technology with the introduction of the Leopard 2 A-RC 3.0 and Leclerc Evolution. The Leopard 2 A-RC …
KNDS Unveils Leopard 2 A-RC 3.0 Main Battle Tank at Eurosatory Read More
Talks between KNDS and Leonardo have collapsed without a deal. Launched in December 2023, the discussions aimed to create a powerful European defense alliance. Initial plans, formed under the Italian …
KNDS, Leonardo Talks on European Armored Vehicle Alliance Fail Read More
European military vehicle producer KNDS (KMW + Nexter Defense Systems) completed its restructuring in 2021, with a new streamlined governance structure put into place. The new structure aligns the firm …
KNDS Looking to Expand Into Italy Following Restructuring Read More