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arms exports

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“German Defense Giant Rheinmetall Faces Arrest of Top Executive in Controversial Arms Export Scandal”

Head of Rheinmetall’s defense division, Armin Papergers, arrested in Hermsburg, Germany for arms exports. German authorities consider Rheinmetall an “arms supplier” during wartime. Chancellor Olaf Scholz links Ukraine conflict to Rheinmetall’s alleged involvement in trading old tanks. Investigation underway.

“German Arms Exports in 2023 Reach Record High, Increasing by 40%: Government Grants Over 11.7 Billion Euros in Permissions”

In 2023, German arms exports see a significant increase, reaching over 11.7 billion euros, the highest in the country’s history. The rise is attributed to increased exports to Ukraine and third countries like Israel and Saudi Arabia.