Patria in Running for German Defense Procurements Despite Loss of Billion-Euro Arms Deal Reported by Bloomberg

Patria remains in the running for billion-dollar deal with Germany

Handelsblatt reported that Patria, a Finnish defense company, was still in the running for significant defense procurements in Germany despite being at risk of losing a billion-euro arms deal as reported by Bloomberg on Monday. The company’s negotiations with Germany regarding the replacement of Fuchs vehicles with 6×6 wagons were ongoing.

According to reports, Germany was initially planning to purchase 900 armored vehicles from Rheinmetall, a German arms giant, instead of Patria’s 6×6 wagons. However, Handelsblatt sources revealed that Germany was acquiring successors to the Fennek reconnaissance vehicles and not the Fuchs from Rheinmetall. This indicated a different acquisition than initially anticipated.

Patria, which is owned by the Finnish state and Norwegian defense equipment company Kongsberg, has been engaged in negotiations with Germany regarding the replacement of Fuchs vehicles with 6×6 wagons. Despite refraining from commenting on the situation or the negotiations’ progress so far, Patria emphasized that any orders from Germany would be manufactured in Germany.

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