Neither Nexter nor Krauss-Maffei Wegmann (KMW) need any introduction to readers. Long established as developers and manufacturers of complex, effective weapon systems ranging from armoured vehicles to long range artillery, the two companies have established enviable reputations as single entities.
At Eurosatory 2016 in Paris this week, however, the French and German companies will be exhibiting under a single banner. KNDS – the joint holding company established in December 2015 – represents the beginning of consolidation in land defence systems in Europe. This consolidation offers first-class opportunities from both political and economic perspectives, enhancing the competitiveness and global footprints of both groups in addition to their capabilities to support the needs of their respective national armed forces.
“We are glad to present our new step forward on the path to a strong European defence group through our new name and our common presence during Eurosatory,” said Stéphane Mayer and Frank Haun, the co-CEOs of KNDS.
At Eurosatory 2016 in Paris this week, however, the French and German companies will be exhibiting under a single banner. KNDS – the joint holding company established in December 2015 – represents the beginning of consolidation in land defence systems in Europe. This consolidation offers first-class opportunities from both political and economic perspectives, enhancing the competitiveness and global footprints of both groups in addition to their capabilities to support the needs of their respective national armed forces.
“We are glad to present our new step forward on the path to a strong European defence group through our new name and our common presence during Eurosatory,” said Stéphane Mayer and Frank Haun, the co-CEOs of KNDS.