DefenceMirror

Saudi-German Tank Deal Reportedly Worth $12.6 billion

  • 12:00 AM, June 18, 2012
  • 1722
Germany could bag one of the largest-ever deals defense deals over the next few weeks as Saudi Arabia doubles its battle tank requirements. Saudi Arabia earlier required 300 tanks but is now requesting 600-800 Leopard battle tanks in a deal worth $12.6 billion. According to German media reports, the deal is opposed by the German Chancellery, Foreign and Defense ministries while the Economy Ministry is the support of the transaction. The Saudis are looking to wrap up the deal by mid-July before the month of Ramadan commences.
FEATURES/INTERVIEWS

Chinese Sixth Generation Fighter Video a Hoax?

Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter

As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...

Are Helicopters Giving Way to Drones as Combat Platforms?

NATO’s Intensified Exercises a Prep to Attack Russia?

Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...

Precision in the Skies: The Evolution of Loitering Munitions

Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...

Is the Patriot Air Defense System Outdated?

After Israel revealed its decision to decommission its U

MORE