Defence: Chancellery invites arms industry to munitions summit

Defence: Chancellery invites arms industry to munitions summit

The Bundeswehr suffers from a dramatic lack of ammunition and procurement is progressing slowly. Chancellor Scholz is now inviting representatives of the armaments industry and several ministries to talks.

With an ammunition summit, the Chancellery wants to give impetus to the sluggish procurement of material for the Bundeswehr.

Chancellor Olaf Scholz (SPD) is inviting representatives of the armaments industry and several ministries to talks about the framework conditions for ammunition production next Monday, reported the “Welt” and the digital media company Table.Media.

The Bundeswehr is suffering from a dramatic lack of ammunition. The planned meeting was confirmed to the German Press Agency by government circles.

It was recently declared that ammunition had to be procured for 20 billion euros. Ammunition is also needed to support Ukraine. However, the industry had reduced its capacities in the past few years of austerity. Now there is also stronger demand from the ranks of the allies. Discussions are to be held with industry on how production can be expanded and accelerated.

Source: Stern

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