Papperger has implored Scholz to iron out the details of these plans so that Rheinmetall can decide which production lines to expand. In Germany alone, German Chancellor Olaf Scholz has promised a vast €100bn spending spree to beef up his country's military. Stockpiles are also set to be expanded as geopolitical tensions ratchet up. Rheinmetall told its investors this week to expect an influx of sales, with chief executive Armin Papperger predicting his company’s sales could nearly double to €12bn within three years.Įuropean countries will be restocking supplies after gifting armoury and weaponry to Kyiv. German's Rheinmetall, behind the Leopard 2, expects the real world test of its hardware will lead to a jump in sales as stocks are run down and the vehicles’ effectiveness is demonstrated. Germany and the US have now joined Britain in agreeing to send combat vehicles to Ukraine: Challenger 2s from Britain, Abrams tanks from the US and German Leopard 2s will all end up on the front lines of the conflict.įor Kyiv, it is hoped that the extra force could help finally repel Russia's offensive.įor Europe’s arms manufacturers, success on the battlefield will be an advertisement to governments looking to bolster their own defences. For the first time, Western tanks will soon face Russian forces in Europe - a deployment their designers originally envisaged when the models were developed during the Cold War.
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