Krauss-Maffei Wegmann GmbH & Co. KG
The Swedish procurement agency (FMV) has commissioned Krauss-Maffei Wegmann GmbH & Co. KG (KMW) with modernising its fleet of LEOPARD 2 main battle tanks. 44 vehicle systems will be retrofitted by the end of 2026.
The agreement, which was signed at the international arms fair AUSA in Washington also includes the option of modernising all of the Swedish army's LEOPARD 2 main battle tanks.
The order consists of an increase in firepower, a higher protection level and further digitalisation measures, as well as a logistics package.
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.