Germany reportedly mulls $29 billion tank, vehicle order to deter Russia
Germany is weighing a massive defense procurement plan worth up to 25 billion euros ($29.4 billion) to supply thousands of combat vehicles for NATO's expanding force structure, Bloomberg reported on July 4, citing unnamed sources familiar with the matter.
The proposed purchases are part of a broader pan-European effort to boost deterrence against Russia, as Western leaders warn of the growing risk of a large-scale war within five years.
Berlin is reportedly considering purchasing up to 2,500 GTK Boxer armored vehicles and up to 1,000 Leopard 2 battle tanks. The purchase would equip up to seven new brigades that Germany has pledged to form under NATO's force generation plans for the next decade.
The Leopard 2 tanks are produced by KNDS Deutschland and Rheinmetall, while the Boxer is made by ARTEC, a joint venture of the same companies. Leopard 2 tanks have been supplied to Ukraine and tested in combat.
Final pricing and quantities are still under negotiation, and the projected cost could fall below 25 billion euros ($29.4 billion) depending on procurement timelines and contract terms.
German Defense Minister Boris Pistorius and top Bundeswehr officials are reviewing the plans, with legislative approval expected by the end of the year, Bloomberg reported.
Germany has faced pressure from NATO and Washington to meet its alliance commitments, including the newly adopted pledge to spend at least 5% of GDP on defense by 2035.
The initiative, endorsed on June 25 at the NATO summit, reflects concern over Russia's wartime economy, military buildup, and destabilization efforts across Europe.
