On 29 January 2025, KNDS and Texelis signed a Memorandum of Understanding (MοU) regarding the proposed acquisition of Texelis’ defence…
In a significant milestone for European defence collaboration, KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales have signed a shareholder agreement for MGCS Project Company GmbH.
The ceremony took place in Paris, witnessed by French Defence Minister Sébastien Lecornu and German Defence Minister Boris Pistorius.
The Main Ground Combat System (MGCS) project aims to replace the Leopard 2 and Leclerc main battle tanks with an advanced cross-platform combat system by 2040.
According to a related announcement, the signing of the agreement marks a pivotal step in the project’s development, ensuring the creation of a dedicated industrial prime contractor to oversee the next phase of implementation.
The MGCS Project Company will operate under equal ownership among the partners, each holding a 25% stake. With its headquarters set in Cologne, Germany, the venture will ensure a balanced national workshare of 50% for Germany and France, consolidating the technological pillars and concepts of the future system.
This partnership builds on the momentum established in spring 2024 when the French and German governments signed a Letter of Intent (LOI) to propel the program forward.
The collaboration demonstrates the commitment of both nations to fostering standardised and interchangeable defence equipment.
Also read: MGCS | France and Germany agree on new-generation combat platform
READ MORE
Estonia | Launch of a €100M Defence Fund
Estonia has recently officially launched a €100M defence fund to boost its domestic military technology sector and strengthen European…
Maestre | The Next-Generation Mission Control System of Indra at the IAV Conference
Indra, a Spanish defence company, introduced its groundbreaking Maestre mission control system at the International Armoured…
KNDS Group | Enters Negotiations for the Acquisition of Texelis
On 29 January 2025, KNDS and Texelis signed a Memorandum of Understanding (MοU) regarding the proposed acquisition of Texelis’ defence…
Estonia | Launch of a €100M Defence Fund
Estonia has recently officially launched a €100M defence fund to boost its domestic military technology sector and strengthen European…
Maestre | The Next-Generation Mission Control System of Indra at the IAV Conference
Indra, a Spanish defence company, introduced its groundbreaking Maestre mission control system at the International Armoured…
FEAC Engineering | European Recognition in the Field of Innovation with PITHIA
New heights for FEAC Engineering, which has been honoured with the European Defence Agency (EDA) Innovation Award 2024 during…
Scandinavian dinner for 4 leaders with Trump on the menu
A few hours after Donald Trump’s latest “prophecy” from the presidential Air Force One, that the US will finally succeed in taking control…
NATO | Military Intelligence to the EU Aimed at Transition to ‘War Mentality’
NATO has begun the process of “sharing” some of its highly classified capability targets—which determine what kind of weapons and…