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) is to install the Israeli TROPHY protection system in German LEOPARD 2 main battle tanks. The contract was signed with the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) and the State of Israel on 22.02.2021.
Krauss-Maffei Wegmann (KMW) is part of the European iMUGS (integrated Modular Unmanned Ground System) project. A consortium of 13 companies from seven European countries and the European Commission signed a contract that will receive over EUR 32 million in funding.