Monday, 22 June 2015

Germany Is Ready To Invest In Multi-Role Defence Systems To Safeguard Its Borders

This week ‘The Wall Street Journal’ reported that Germanyhas finally opted for Medium Extended Air Defence System, developed by Lockheed Martin Corp. The breakthrough defence agreement between the aforesaid company and Germany is valued by eminent research analysts at approximately €4 billion In addition, to missile-defence agreement Germany has earlier revealed its intentions to introduce a cutting –edge defence mechanism including four battleships in the coming four to five years which would account for around $8.9 billion.

Furthermore, in an with ‘Deutsche Welle ‘, Ursula von der Leyen the honourable Defence Minister admitted that Germany’s collaboration with the spy agencies in United States have proved crucial to the security and safety of their Bundeswehr stationed abroad . The defence minister further added that the BND has been working in tandem with NSA on several problems essential for the security of both countries. To top it all, the democrat has plan to visit India and propose the purchase of German – made stealth submarines as well as other European militaryequipment.

Germany has stunned the entire defence market by indicating that it is in favour of collaboration with France on manufacturing a new entry to the tank segment ‘Leopard 2’. At present the defence service has been using the tank model dated 1979, and greying Bundesehr systems is now in obvious focus. Recently Research Beam has added a report titled “Future of the German Defence Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020.” The report gives a thorough run –through over the market size and share along with data on the forecast for next five years.


Germany is also backing the MKS 180 warships that are expected to be delivered by the end of 2023. These ships are capable of attacking the desired targets on both underwater as well as land and offers paramount aerial protection to all vessels that are within the range of 12 miles.


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