Germany cuts attack drone framework agreement to 2 billion euros

LootboxPhobia · 2026-02-25T11:54:28+00:00

Germany has cut its budget for the attack drone framework agreement from 4.3 billion euros to 2 billion euros, with contracts for Helsing and Stark Defence adjusted to 1 billion euros each, citing the need for better long-term budget control.

LootboxPhobia

2026-02-25 11:54:28

Abstract generation in progress

Investing.com - According to a document, Germany has reduced its attack drone framework agreement from the previous €4.3 billion to €2 billion.

The document shows that the ruling coalition partners in Germany agreed to reduce the framework agreement to €1 billion each for Helsing and Stark Defence.

Under the revised arrangement, the contract reductions for these two defense technology companies will have the same impact.

According to the document, the coalition partners stated that the reason for the cuts is the need for better long-term budget control.

The framework agreement covers the procurement of attack drones necessary for Germany’s defense capabilities.

This article was translated with the help of artificial intelligence. For more information, please see our Terms of Use.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.