German Minister Wants More State Ownership in Defense Firms: HB
German Defense Minister Boris Pistorius has advocated for increased state ownership in defense firms. This proposal aims to ensure that jobs and specialized expertise are maintained within Germany. Pistorius believes that greater state involvement would help safeguard the country's defense capabilities and technological know-how. The minister's comments come amid concerns about the potential loss of critical industry knowledge and the need to maintain a robust domestic defense industrial base. While the details of the proposed changes are yet to be finalized, the minister's stance reflects a desire to strengthen Germany's strategic autonomy and control over its defense-related assets and resources.
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