Record weapons deal just the start as Germany wants more Boxers

Australia News News

Record weapons deal just the start as Germany wants more Boxers
Australia Latest News,Australia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 90%

An initial contract with the German government may spin off into arms exports worth up to $8 billion.

What looms as potentially Australia’s biggest-ever defence export deal could be a launchpad for billions of dollars in further sales of armoured vehicles to Germany and other countries, Defence Industry Minister Pat Conroy says.understands the German government could source new tank-like troop carriers built at a factory near Brisbane to replace armoured vehicles given to Ukrainian soldiers for combat against Russian invaders, which could be worth as much as $5 billion.

Rheinmetall has just started production on the variant of the Boxer known as the combat reconnaissance vehicle in Brisbane as part of a contract to supply 211 vehicles to the Australian army.The company is also bidding for the army’s contract to build hundreds of tank-like infantry fighting vehicles that can carry between six and eight soldiers into battle.

The Marder was introduced in 1971 and the Lynx is a cheaper replacement option than the Puma IFV. In December, the German government announced a pause on further Puma purchases following a mass breakdown in war games.This month, Berlin started delivering the first of 40 of its Marder IFVs to Ukraine to meet Kyiv’s pleas for armoured vehicles for a springtime offensive.

“We haven’t discussed other vehicles but I think it will be a strong sign to the global defence community if Australia’s exporting Boxers to Germany,” Mr Conroy said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Employees are fed up': Germany at a standstill as huge strike halts planes and trains'Employees are fed up': Germany at a standstill as huge strike halts planes and trainsAirports and bus and train stations across Germany have been at a standstill, causing disruption for millions of people during one of the largest walkouts in decades — in Europe's biggest economy — as soaring inflation stokes wage demands.
Read more »

Swiss watch sales hit a record $37b despite half the number being madeSwiss watch sales hit a record $37b despite half the number being madeIf we’re being asked to pay more than ever for wristwear, it’s because we’re buying more than time.
Read more »

South Africa chase down West Indies in record-breaking T20 internationalSouth Africa chase down West Indies in record-breaking T20 internationalSouth Africa made the highest-ever successful run chase in a T20 international, 259-4, to beat West Indies by four wickets
Read more »

Northern Territory prison population rises to record levelsNorthern Territory prison population rises to record levelsThe Northern Territory's prison population has risen to record levels, putting pressure on the justice system. The Territory's Corrections Department confirmed 2,063 people were locked up last week - eclipsing the previous record, which was set one month earlier. Police say watch houses across Darwin and Alice Springs are being used to address prisoner overflow.
Read more »

Premier Investments pays special dividend after record halfPremier Investments pays special dividend after record halfSolomon Lew’s Premier Investments has rewarded shareholders with a special interim dividend, taking total dividends for the first-half to 70¢ a share after posting record sales and earnings.
Read more »

Premier Investments top performing retailer after record profitPremier Investments top performing retailer after record profitPremier Investments today confirmed itself as one of Australia's best-performing retailers by posting a record half-year profit and a special dividend. The company owns key brands including Smiggle, Peter Alexander, Just Jeans, Portmans, and Dotti, and has 1100 stores in six countries.
Read more »



Render Time: 2025-02-28 19:10:40