Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Germany plans production of advanced Taurus missiles from 2029
    Headlines

    Germany plans production of advanced Taurus missiles from 2029

    Published by Global Banking & Finance Review®

    Posted on December 9, 2025

    2 min read

    Last updated: January 20, 2026

    Germany plans production of advanced Taurus missiles from 2029 - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationfinancial marketstechnologyinvestment

    Quick Summary

    Germany plans to produce upgraded Taurus missiles by 2029, enhancing range and technology. MBDA leads the project with Saab and Williams International.

    Germany to Begin Advanced Taurus Missile Production in 2029

    BERLIN, ‌Dec 9 (Reuters) - Germany plans to begin production of an upgraded ‍version ‌of its Taurus cruise missile in 2029, according to a budget ⁠proposal seen by Reuters on ‌Tuesday, which is expected to be approved by parliament next week.

    German forces currently have some 600 Taurus missiles with an official range of ⁠more than 500 km (311 miles) in their inventories, to be launched from fighter jets ​such as the Tornado, the F-15 or ‌the F-18.

    The weapon, built by ⁠European defence company MBDA, is designed to destroy high-value targets behind enemy lines such as command bunkers, ammunition and fuel ​dumps, airfields and bridges.

    The German government has repeatedly denied requests by Ukraine to supply it with Taurus cruise missiles amid concerns over their long range and their potential use against targets ​inside ‍Russia.

    The upgraded Taurus NEO ​missile, as outlined in the 415-million-euro ($483 million) budget proposal which is classified as confidential, will feature an extended range, improved shielding against interference, and advancements in navigation and seeker head technology.

    Sweden's Saab and U.S.-based Williams International are identified as the main subcontractors for ⁠the enhanced missile.

    At a later stage, Sweden and Spain may join the contract, the document ​said.

    According to previous information, Germany aims to purchase some 600 Taurus NEO for around 2 billion euros in total.

    The Kremlin has told Germany that delivering cruise missiles to ‌Kyiv would lead to a further round of "spiralling tension" in the Ukraine conflict.

    ($1 = 0.8595 euros)

    (Reporting by Sabine Siebold; Editing by Sharon Singleton)

    Key Takeaways

    • •Germany plans Taurus missile production in 2029.
    • •Upgraded Taurus NEO will have extended range.
    • •MBDA is the main contractor for the missiles.
    • •Germany denies Ukraine's request for Taurus missiles.
    • •Sweden and Spain may join the missile contract later.

    Frequently Asked Questions about Germany plans production of advanced Taurus missiles from 2029

    1What is a cruise missile?

    A cruise missile is a guided missile used to deliver a large warhead over long distances with high precision. They are typically launched from ships or aircraft.

    2What is missile technology?

    Missile technology refers to the design, development, and deployment of missiles, which are weapons capable of delivering explosive payloads to a target.

    3What is the significance of military budgets?

    Military budgets are financial plans that outline the funding allocated for defense and military operations, impacting national security and technological advancements.

    4What is an upgraded missile system?

    An upgraded missile system is a modernized version of an existing missile, incorporating new technologies to enhance performance, accuracy, and capabilities.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters in Milan denounce impact of Games on environment
    Olympics-Protesters in Milan denounce impact of Games on environment
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    View All Headlines Posts
    Previous Headlines PostAirbus gets China nod for jet deliveries, still awaiting new order
    Next Headlines PostGermany's Merz: Europe must become less dependent on United States