BREAKING NEWS

Germany plans to buy 50 Puma army vehicles at 1.5 bln euro

The German government plans to buy 50 Puma fighting vehicles worth a total of 1.5 billion euros ($1.65 billion) for its armed forces, a defense source told Reuters on Friday.

Berlin ramped up defense spending after Russia's invasion of Ukraine last year, sending weapons to Kyiv and replenishing its own military stocks.

The Puma, built by KMW and Rheinmetall RHMG.DE, is meant to replace Germany's old Marder infantry fighting vehicles.

Neither company was immediately available for comment.

 

($1 = 0.9078 euros)