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Germany to acquire armoured vehicles worth almost $7 billion

The deal includes 274 scout vehicles and 150 infantry fighting vehicles to boost Bundeswehr capabilities, with deliveries planned from 2027 to 2031, officials said.

  • On Monday, the German government will order 424 wheeled armoured vehicles for almost 7 billion euros, split between scout and Schakal programmes, finance ministry documents seen by Reuters show.
  • The largest part of the deal is a framework agreement with General Dynamics for scout vehicles worth around 3.5 billion euros, while Germany will award the Schakal contract via OCCAR to Artec GmbH, a KNDS‑Rheinmetall joint venture.
  • Delivery is scheduled between 2027 and 2031, with scout vehicles first deliveries planned for 2028 for the Bundeswehr.
  • The lower house budget committee is set to approve the arms deal for the country's army in the next few days, with the order intended for the Bundeswehr.
  • Options exist to expand the orders, with an option for 82 additional scout tanks raising the first order to 356 vehicles or 4.6 billion euros, and an option for up to 200 additional Schakal vehicles.
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Market Screener broke the news in on Monday, October 13, 2025.
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