Germany Says Defense Industry Has Long Way to Go After €10 Billion Warship Scrap
Updated
Updated · Bloomberg · Jun 25
Germany Says Defense Industry Has Long Way to Go After €10 Billion Warship Scrap
3 articles · Updated · Bloomberg · Jun 25
Summary
Nils Schmid said Germany still has "a long way to go" to expand defense production capacity, arguing industry is lagging the country’s military buildup ambitions.
A €10 billion warship purchase that Berlin scrapped this month and the collapse of a joint fighter-jet project with France were cited as evidence that procurement plans are outrunning industrial readiness.
Schmid’s comments underscore a near-term obstacle for Germany as it tries to translate higher defense ambitions into actual equipment output rather than delayed or abandoned programs.