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Partnership

Nexter x KMW (KNDS Joint Venture)

French land arms specialist Nexter and German Krauss-Maffei Wegmann signed a 50-50 partnership agreement to form KNDS a Franco-German defense technology group with over 6000 employees and annual turnover close to EUR 2 billion. The alliance strengthens European defense competitiveness and international positioning.

joint venture · Active · verified


Machine-readable surfaces

b95f936d-2615-4520-a671-97d1de59415b

Parties (2)

  • Krauss-Maffei Wegmann off-registry co developer
  • Nexter Systems co developer

Timeline

Announced
2015-07-29

Sources (1)

  1. https://www.defensenews.com/breaking-news/2015/07/29/nexter-kmw-seal-deal-to-forge-joint-venture/

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