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Home Defence & Military News Defense Geopolitics News

Germany to spend 8 bln euros on army equipment-paper

by Editor
December 13, 2006
in Defense Geopolitics News
1 min read
0
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BERLIN: Germany's parliamentary budget committee plans to approve spending of some 8 billion euros on defence projects but it is to delay other planned purchases that will affect EADS, a newspaper reported on Tuesday.

Die Welt daily quoted committee sources as saying that Germany was set to spend 6.95 billion euros ($9.21 billion) over ten years on a new information technology system.

The orders, which will include about 140,000 new computers, will go to IBM and Siemens, the paper said.

The government also plans to buy 272 protected “Boxer” transport vehicles for 891 million euros, according to the paper. Rheinmetall, Stork and Krauss-Maffei Wegmann are involved in the vehicle's development.

However, Germany is set to delay planned helicopter purchases in which European defence group EADS, is a partner, including MH-90 naval helicopters and the second tranche of NH-90 helicopters.

Together they would have cost about 2.4 billion euros, Die Welt said.

The committee is due to meet on Wednesday.

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