Tank manufacturer KNDS to invest over ?1 billion in Germany

NAMPA / DPA

2026-02-12

Munich (dpa) - Franco-German tank manufacturer KNDS is planning to invest heavily in Germany in order to expand production, the company's boss said on Thursday. In the past three years, production capacity has already been tripled, said KNDS Managing Director Jean-Paul Alary, touting planned investments totalling more than ?1 billion ($1.2 billion). Alary confirmed plans for a dual IPO in Paris and Frankfurt this year, saying the exact timing wou......

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