The head of the arms company Rheinmetall, Armin Papperger, expects orders worth billions from the federal government’s 100 billion special fund.
“You can assume that in the end between 30 and 40 billion euros will come to us from the special fund,” said the manager in an interview with the Süddeutsche Zeitung. “For air defense, trucks, ammunition, our part in the F35 program, and much more.”
The fact that the tank builder and ammunition manufacturer is likely to receive the largest share of Berlin’s 100 billion euro program is due to the size of the company. “We are the largest German company in this area,” said the manager. “If we had gotten the smallest share, then we would have done something wrong.”
In order to play in “the same league as the Americans,” according to the Rheinmetall boss, large European defense companies would have to join forces. “We need a European arms champion.” Six years ago, Papperger himself tried to take over the Munich tank manufacturer Krauss-Maffei Wegmann (KMW) with Rheinmetall. However, today KMW is partnering with the French defense company Nexter. He doesn’t believe “that France would support a takeover by Rheinmetall today,” said Papperger. There are currently “no discussions whatsoever”. But you are “open to everything”.
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