Press releases

The Supervisory Board of Krauss-Maffei Wegmann has appointed Dr.-Ing. Axel Scheibel (59) to the company’s Management Board. In his new function, he will be responsible for development and production from 1 July 2021, thus completing the management body traditionally consisting of three persons, in which Ralf Ketzel (CEO) and Horst Rieder (CFO) temporarily shared Axel Scheibel’s future tasks.

ARTEC GmbH, as a contractual partner and subsidiary of Krauss-Maffei Wegmann (KMW) and Rheinmetall, has officially handed over the last of the Boxer armoured transport vehicles (GTK) ordered to date by the Bundeswehr to representatives of the Federal procurement agency (BAAINBw) and the Ministry of Defence.

The defence technology group KNDS, in which Krauss-Maffei Wegmann (Germany) and Nexter (France) merged to form the leading European company for military land systems, ammunition and related services, has presented its key figures for fiscal year 2020.

The participation is an important step towards the formation of a "European Center of Excellence for Military Robotics".

KNDS, the defense technology group which brings together Nexter (France) and Krauss-Maffei Wegmann (Germany) to form Europe's leading company for military land systems, is filling the position of its Group Chief Financial Officer with Philippe Balducchi, former CEO of Airbus Canada.

Krauss-Maffei Wegmann (KMW) has been commissioned by IVECO Defence Vehicles S.p.A. to produce the driver’s cabs of GTF2 protected transport vehicles on the IVECO Trakker basis.