Headlines
Germany signs $2.35 billion armoured vehicle deal with Finland's Patria
Germany signs $2.35 billion armoured vehicle deal with Finland's Patria
Published by Global Banking and Finance Review
Posted on December 18, 2025
COPENHAGEN, Dec 18 (Reuters) - Germany has signed procurement contracts worth over 2 billion euros ($2.35 billion) for armoured vehicles with Finnish defence group Patria, the company said on Thursday.
The contracts include firm orders exceeding 1 billion euros and options for up to 876 armoured vehicles, Patria said in a statement.
Deliveries are scheduled to start in 2026, and locally produced vehicles will follow in 2027 through partnerships with German companies FFG, JWT and KNDS, it added.
Patria is 50.1% owned by the Finnish state, with the remaining 49.9% held by Norway's Kongsberg Gruppen.
($1 = 0.8524 euros)
(Reporting by Stine Jacobsen, editing by Terje Solsvik)
Related Posts
More from Headlines
Explore more articles in the Headlines category
Asked about NATO, Zelenskiy says Ukraine should not change its constitution
EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document
France drafts in army for cattle vaccination to defuse farmer protests
Belarus has deployed Russia's Oreshnik missile, Lukashenko says
Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying
Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say
Belgian farmers in anti-trade protest clash with police
UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles
Putin's spymaster spoke by phone with new MI6 chief, TASS reports
UK pauses trials of Ajax in new setback for army fighting vehicle
Russia jails man for 22 years for blowing up trains in Siberia at Ukraine's behest
