Germany Eyes Massive Artillery Ammo Deal Worth €15 Billion

German Defence Minister Boris Pistorius aims to finalize a 15-billion-euro deal to purchase up to 2.35 million rounds of artillery ammunition. If approved by the parliament's budget committee, the ministry will sign a framework agreement with Diehl Defence and Nammo Raufoss.

German Defence Minister Boris Pistorius wants to complete a deal to buy up to 2.35 million rounds of artillery ammunition for up to 15 billion euros ($16.06 billion), Der Spiegel reported on Tuesday.

If parliament's budget committee approves the plans, the ministry could agree a framework deal with Diehl Defence and Nammo Raufoss, Der Spiegel reported. ($1 = 0.9340 euros) (Writing by Madeline Chambers; editing by Matthias Williams)