German Arms Makers Go on the Offensive Aided by Military Spending Boost
Published April 24, 2017 Defense Dow Jones Newswires
The German arms industry is back in business.
Germany's weapons manufacturers, long at the whim of the country's pacifist-leaning politicians, had until recently struggled to find new European orders.
But in the wake of Russia's incursions in Ukraine and its tougher military stance on the North Atlantic Treaty Organization's eastern border, German military spending is rising more than at any time since the Cold War. Most of the orders for new equipment and upgrades of existing kit are going to the country's biggest arms manufacturers -- Rheinmetall AG and Krauss-Maffei Wegmann GmbH & Co. KG.
http://www.foxbusiness.com/markets/2017/04/24/german-arms-makers-go-on-offensive-aided-by-military-spending-boost.html
