Krauss-Maffei Wegmann GmbH & Co. KG
Krauss-Maffei Wegmann (KMW), Ulm-based defense company Elbit Systems Deutschland, and Elbit Systems Land have signed an MoU (Memorandum of Understanding) to further expand the strategic cooperation.
The background is the modernization and expansion of capabilities of the European Multiple Launch Rocket System (MLRS). In this context, Elbit will provide a modern active agent portfolio so that the requirements of MLRS users can be fully met, from range-enhanced rockets to practice ammunition. The users will thus also be able to train combined arms operations.
Yehuda "Udi" Vered, General Manager of Elbit System Land, comments: "We're pleased to be working with KMW in the area of rocket artillery. I believe that this venture creates synergies and is timely given the leading expertise of the companies involved and the growing demand for long-range precision firearms."
"I very much welcome the cooperation with Elbit. With this partnership we underline the potential of our MLRS. The associated capability enhancements make this artillery rocket system one of the most modern worldwide," says Ralf Ketzel, Chairman of the KMW Management Board.
KNDS (KMW+NEXTER Defense Systems) is the result of the association of Krauss-Maffei Wegmann and Nexter, two of the leading European manufacturers of military land systems based in Germany and France.
KNDS forms a Group of around 9,000 employees, with a 2022 turnover of 3.2 billion euro, an order backlog of around 11 billion euro and incoming orders of 3.4 billion euro. The range of its products includes main battle tanks, armored vehicles, artillery systems, weapons systems, ammunition, military bridges, customer services, battle management systems, training solutions, protection solutions and a wide range of equipment.
The formation of KNDS represents the beginning of consolidation in land defense systems industry in Europe. The strategic alliance between KMW and Nexter enhances both groups’ competitiveness and international positions, as well as their ability to meet the needs of their respective national army. In addition, it offers to its European and NATO customers the opportunity of increased standardization and interoperability for their defense equipment, with a dependable industrial base.
KNDS headquarters are based in Amsterdam.