KMW + Nexter Defense Systems (KNDS) (A570). |
By Wording OD
The largest
outdoor stand at Eurosatory 2016 is that of KMW + Nexter Defense Systems (KNDS)
(A570). This follows the merger of Germany’s Krauss- Maffei Wegmann and French
company Nexter Systems in December 2015. The formation of KNDS represents the beginning of
consolidation of land defence systems in Europe, which are still fragmented. In
a statement issued here, KNDS co-chief executive officers Stéphane Mayer and
Frank Haun said: “We are glad to present our new step forward on the path to a
strong European defence group through our new name and our common presence
during Eurosatory.”