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21 October 2004 |
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http://www.dw-world.de/dw/article/0,1564,1367828,00.html |
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Germany reportedly plans to spend over €1 billion ($1.25 billion) on the development of a new transatlantic anti-aircraft system over the next eight years.
According to German press reports Thursday, Bundestag rapporteurs after years of research have finally approved what amounts to the largest current trans-Atlantic defense project. |
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21 October 2004 |
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http://www.defensenews.com/story.php?F=464309&C=america |
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Germany will spend more than a billion euros ($1.25 billion) over the next eight years on developing a ground-based missile air-defense system with the United States and Italy, an official said in an interview Oct. 21. The official, Hans-Peter Bartels of the governing Social Democrats, told the Berliner Zeitung newspaper that the factions in parliament had agreed that 1.142 billion euros ($1.443 billion) could be spent on the project. He said Germany would order between 12 and 24 of the MEADS (Medium Extended Air Defense System) units, which can be used to shoot down other missiles or aircraft and have a range of around 1,000 kilometers (620 miles). The ground-to-air system, which has already been under development for several years, is designed to replace the Patriot missile system in the United States and Germany and Italy's Nike Hercules system. The project is a joint venture between Lockheed Martin Corp, the European Aeronautic Defense and Space Company (EADS), MBDA-Italia and Lenkflugkorpersysteme (LFK) in Germany. According to Lockheed Martin, it is currently financed 58 percent by the United States and 25 percent by Germany, with Italy funding 17 percent. The system is not linked to the proposed U.S. anti-nuclear missile shield. Germany has recently tightened defense spending and is streamlining its military, and the costly MEADS project has been the subject of protracted parliamentary debate.
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