Germany plans to take a 40% stake in KNDS, the Franco-German defense group that makes the Leopard and Leclerc battle tanks, according to multiple reports. The German government says the move is intended to strengthen European defense production and deepen industrial cooperation with NATO ally France, which is also expected to hold a major stake. The German acquisition would make Berlin a state shareholder alongside France in one of Europe’s key tank manufacturers.

KNDS has showcased its tank-related capabilities at defense exhibitions, including a proposed battle tank displayed at Eurosatory in Paris. Reports describe the demonstrator as featuring a French-designed turret and gun mounted on a German Leopard 2 chassis, reflecting the company’s cross-country engineering and manufacturing base.

The outlets agree on the core elements: the planned 40% stake by Germany, KNDS’s role as producer of Leopard and Leclerc tanks, and the rationale linked to bolstering European production through closer Franco-German industrial alignment. Details on timing and final terms were not consistently specified across the sources.