The German parliament is set to approve billions of dollars’ worth of defense deals next week, according to a government document cited by Bloomberg News on Friday.
Among the key agreements is a €1 billion ($1.2 billion) contract for 20 light combat helicopters from Airbus (OTCPK: EADSF) (OTCPK: EADSY).
This significant investment highlights Germany’s commitment to strengthening its defense capabilities amid evolving global security challenges. Further details on the additional defense deals are expected as the parliamentary approval process progresses.
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