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Germany Defence and Security Report Q1 2014

Germany Defence and Security Market: New market analysis released


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2014-04-02 21:06:04 - Germany Defence and Security Report Q1 2014 - a new market research report on companiesandmarkets.com

Although Germany has performed no major defence procurement activity in Q413, German defence companies have been very active on the export front. In early December 2013, Singapore signed a contract for the supply of two Type-218SG conventional hunter-killer submarines. The submarines will be manufactured by ThyssenKruppMarine and are expected to be delivered in 2020.

Earlier, in November 2013, tank manufacturer Krauss-Maffei Wegmann announced that it would be supplying Leopard-2A5 main battle tanks (MBTs) to Poland. The contract will include the supply of 105 Leopard 2A5 and 14 Leopard 2A4 MBTs. Deliveries will commence in 2014 and should conclude a maximum of five years later with the contract worth US$243mn.

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