German minister wants up to 15 billion eur munitions deal, says source

FILE PHOTO: Germany's Defense Minister Boris Pistorius speaks during a joint press conference with French Defence Minister Sebastien Lecornu and Poland's Minister of Defence Wladyslaw Kosiniak-Kamysz after a meeting at the Hotel national des Invalides in Paris, France, June 24, 2024. REUTERS/Johanna Geron/File Photo
Source: REUTERS

German minister wants up to 15 billion eur munitions deal, says source

German Defence Minister Boris Pistorius wants to complete a deal to buy up to 2.35 million rounds of artillery ammunition for up to 15 billion euros ($16.06 billion), a source told Reuters on Tuesday.

The finance ministry has sent its plans to parliament's budget committee for approval, said the source, adding that under the proposals, an initial 1.3 billion euro order for 200,000 domestically-produced bullets would be made.

Provided approval is given, Germany could agree a framework deal with Diehl Defence and Nammo Raufoss, Der Spiegel, which first reported the plans, said.

The committee is due to make its decision on July 3, said the source.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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