Finance
General Dynamics gets $3.5 billion scout vehicle contract from Germany
Published by Global Banking and Finance Review
Posted on October 20, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 20, 2025
1 min readLast updated: January 21, 2026
General Dynamics wins a €3 billion contract for next-gen reconnaissance vehicles for the German Army, enhancing military capabilities.
(Reuters) -General Dynamics said on Monday that its Europe unit has secured a contract for about 3 billion euros ($3.50 billion) to deliver next-generation reconnaissance vehicle for the German Army Reconnaissance Corps.
The contract was commissioned to General Dynamics European Land Systems by the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw).
The company said the scout vehicle system features state-of-the-art, networked reconnaissance sensor technology, superior mobility, and assertiveness.
The news comes after Reuters reported, citing finance ministry documents, that the German government would order armoured vehicles for almost 7 billion euros.
Earlier this month, the company secured a $1.25 billion IT contract to support the U.S. Army in Europe and Africa. In September, it secured a $1.5 billion contract from the U.S. Strategic Command, or STRATCOM.
($1 = 0.8575 euros)
(Reporting by Anshuman Tripathy in Bengaluru; Editing by Maju Samuel)
Reconnaissance technology refers to advanced systems and equipment used to gather information about enemy forces or terrain, enhancing military operations and strategic planning.
A defense contractor is a private company that provides products or services to a military or defense organization, often involving manufacturing weapons, vehicles, or technology.
The Euro is the official currency of the Eurozone, used by 19 of the 27 European Union member states, facilitating easier trade and economic stability among its members.
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