Leopard 2 tank manufacturer establishes joint venture in Ukraine
Pravda Ukraine
Germany’s KNDS Deutschland, a manufacturer of Leopard 2 tanks, has officially launched a joint venture with a Ukrainian defence company.
Source: Herman Smetanin, the Ukrainian Minister of Strategic Industries on Telegram
Quote from Smetanin: “I am pleased to announce the official launch of a joint venture between KMW (KNDS Deutschland) and one of Ukraine’s defence companies”.
Details: The newly established company will specialise in the maintenance and repair of military equipment supplied by the German company to the Ukrainian defence forces. The first samples of this equipment appeared in Ukraine in 2022.
Quote from Smetanin: “Ukrainian specialists have already undergone training in Germany, and the first systems have already been installed at the facilities.”
Details: Smetanin added that the defence forces’ equipment will now be repaired faster. The joint venture will also “provide significant economic support through investments and job creation”.
Background: German arms manufacturer Rheinmetall plans to build at least four factories in Ukraine to produce ammunition, military vehicles, gunpowder and air defence systems.
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