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A Leopard 2 A6 tank and a helicopter EC 135 demonstrate their capabilities during a visit of German Chancellor Friedrich Merz to the army at the Bundeswehr base, 30 April 2026

Business

Video. Germany to take 40% stake in Leopard tank maker KNDS alongside France

Updated: 22/06/2026 - 13:32 GMT+2

Berlin is preparing to buy a 40% stake in KNDS, the Franco-German group behind the Leopard and Leclerc battle tanks, putting it alongside France as a state shareholder in one of Europe's most important defence firms.

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