Krauss-Maffei Wegmann
Krauss-Maffei
Wegmann (KMW), Germany’s
leading builder of armoured
vehicles, and French state-
owned competitor Nexter
Systems signed a deal to merge
their operations, in what is the
most significant tie-up in the
European arms sector for a while.
The new economies of scale
are expected to impact the EU sector
and produce better value in the long term.
SA Artillery