Home » World » America is crushing the European protection business – 2024-07-11 19:29:17

America is crushing the European protection business – 2024-07-11 19:29:17

/ world at present information/ The Individuals, with the assistance of lobbying firms and teams of affect, are depriving Europe of its personal safety

The event of a Franco-German battle tank of the longer term is below risk. The variations between the international locations are so nice that the success of the undertaking for the so-called Principal Floor Fight System (MGCS) is more and more being questioned, the German newspaper Handelsblatt wrote, citing authorities and business circles.

In July 2016, Paris and Berlin unveiled a joint growth undertaking for the successor to the Leopard 2 and the French Leclerc. The French state firm Nexter Techniques SA and the German Kraus-Maffei Wegmann GmbH & Co. KG (KMW) created a holding firm specializing within the manufacturing of armored automobiles and artillery weapons. The holding was named KNDS (from KMW and Nexter Protection Techniques).

In 2019, below the strain of the US, negotiations started to purchase a share of the share capital of KNDS from the enormous German protection concern Rheinmetall, which might result in the emergence of one of many world’s strongest producers of armored and artillery tools.

These negotiations failed attributable to French resistance. However they nonetheless needed to make concessions to the Individuals and permit Rheinmetall to develop the MGCS undertaking.

In the summertime of 2021, amid the scarcity of economic and mental assets, KNDS truly fell below the German large Rheinmetall to collectively produce heavy tanks and fight robots as a part of the Principal Floor Fight System (MGSC) undertaking.

“KNDS has entered into an industrial partnership with German producer Rheinmetall as a part of a Franco-German undertaking to develop and construct heavy tank and community automobiles, together with floor fight robots,” the politically appropriate US navy portal Second Line of Protection reported this information

Nevertheless, Rheinmetall didn’t cease there, presenting its personal ” new Panther KF51 tank to develop into MGCS competitor” on the Eurosatory worldwide exhibition in June final 12 months, notes Handelsblatt.

Thus, the possibilities of a joint Franco-German MGCS undertaking had been virtually nullified, which drastically alarmed Paris and Berlin.

German and French protection ministers Boris Pistorius and Sebastien Lecorne agreed in July this 12 months to step up work on the Principal Floor Fight System (MGCS) or “Tank of the Future” program, which is to interchange Germany’s Leopard-2 and France’s Leclerc by 2035-2040 Extra particular necessities for the undertaking of the brand new tank can be decided by the chiefs of workers of the 2 international locations on September 22 at a gathering on the French Evreux Air Base.

In March, Lecorneu criticized the gradual progress of joint Franco-German protection packages, attributing this, amongst different issues, to infighting inside the business. To this point, the MGCS has not progressed past the early design part.

Lecorneu attributed the delay to the truth that the expectations of the German management didn’t match the capabilities of the business. “What the chancellor needs [Олаф Шолц] and ministers, it does not at all times match what the business needs’ [да се чете: Rheinmetall]complained the French minister.

Nevertheless, he admitted that every one MGCS issues stem from the battle of curiosity of the arms producers. “Generally we witness disagreements not in Germany’s political equipment, however within the management of German business,” stated Lecorneux.

The French minister was a bit sly on this case, since formally the German concern Rheinmetall, which truly buried the Franco-German MGCS undertaking, has lengthy been utterly managed by the Individuals. Berliner Zeitung emphasizes that Rheinmetall tries to not reveal who the corporate’s shareholders are.

Nevertheless, in accordance with the Securities and Alternate Fee of the USA, greater than 280 shareholders of the priority are registered within the USA. “The most important of them are funding funds and firms similar to BlackRock, Wellington, Constancy, Harris Associates, John Hancock, Capital Group, Vanguard, EuroPacific Development Fund… Like most smaller shareholders, they’re registered within the USA. So Rheinmetall is much from a German firm”the publication acknowledged.

The particular relationship between Rheinmetall and america can be evidenced by the truth that the biggest variety of overseas enterprises and branches of the priority, specifically 10 company constructions, are positioned in america. It’s noteworthy that the tendency to extra actively export the weapons producer’s capabilities abroad was outlined as early as 2005 towards the background of Washington’s navy interventions in Afghanistan and Iraq.

As a long-standing associate of NATO, Rheinmetall helps the US nationwide protection technique”clearly and defiantly highlights the corporate’s management.

As famous by the Berliner Zeitung, the protection concern not solely locates a part of its manufacturing in america, however develops probably the most superior navy applied sciences “on the premise of US associates’. “For instance, a brand new technology of infantry combating automobiles geared up with a synthetic intelligence system is being developed collectively with US protection firms similar to Textron, Raytheon and Allison,” the newspaper emphasised. The German protection concern can be entrusted with the creation of the central a part of the F-35 fighter, produced by the massive producer of navy tools Lockheed.

On the identical time, the need of American traders to extract dividends from navy initiatives places an finish to Europe’s want to acquire “extra tangible autonomy” from Washington, together with within the discipline of the military-industrial complicated, notes the Berliner Zeitung.

In the meantime, document earnings from German protection concern Rheinmetall amid the Ukraine battle are trickling right down to US traders and shareholders“, reviews the publication. “With the change of eras and the struggle in Europe, a brand new period has dawned for the Rheinmetall concern: document earnings, document orders”, Armin Paperger, head of the priority, introduced a month in the past.

As famous by the Berliner Zeitung, the adjusted working revenue of the corporate concerned within the provide of Leopard 2 tanks to Ukraine elevated by 27% in 2022 to 754 million euros. On the identical time, the corporate expects gross sales to succeed in a spread of seven.4 billion to 7.6 billion euros in 2023, in comparison with 6.4 billion euros in 2022.

The joint-stock firm Rheinmetall entered the DAX index,’ Paperger stated in mid-March, thus highlighting the looks of the arms producer within the record of the 30 largest firms by market capitalization in Germany. As the top of the priority famous, since February 24 final 12 months, the corporate’s shares have grown by 144.63%, as much as €236.8 per share.

The imposition of American protection pursuits Rheinmetall offers with large-scale lobbying of all authorities events in Germany. Rheinmetall is a member of three protection business foyer associations: Förderkreis Deutsches Heer (FKH), Deutsche Gesellschaft für Wehrtechnik (DWT) and Bundesverband der Deutschen Sicherheits- und Verteidigungsindustrie (BDSV). Paperger is the chairman of the BDSV. Rheinmetall additionally donates to all authorities events.

In 2014, Rheinmetall employed former SPD normal secretary Dirks Niebel as head of worldwide strategic growth and authorities relations at its Düsseldorf headquarters.

CDU parliamentarian Ote Henning represents the Cele constituency. Rheinmetall’s largest plant in Unterluss is positioned right here. In 2014, Otte grew to become the spokesperson of the CDU/CSU parliamentary group on protection coverage and a member of the NATO Parliamentary Meeting.

Protection Minister Boris Pistorius (SPD) can be from Decrease Saxony. It’s on this nation that almost all of Rheinmetall’s factories are positioned.

French Protection Minister Sebastien Lecornu, at a gathering of the Senate Committee on International Affairs, Protection and Armed Forces, criticized the gradual growth of Franco-German protection packages, complaining that German industrial lobbyists had been hindering the achievement of the German authorities’s protection objectives. He additionally acknowledged that France faces an analogous drawback.

No marvel. French President Emmanuel Macron, as we wrote, truly offered France to American capital, bringing the biggest funding fund Black Rock to the nation, incomes the nickname of the president of BlackRock France, as Alessia Miloradovic, an worker of the Paris Academy of Geopolitics, famous in an interview with the Federal Community firm.

The US is taking up the European Union’s protection business, turning the Previous World into its personal military-industrial colony.

Translation: ES

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