Community hub
Recent from talks
Contribute something to knowledge base
Content stats: 0 posts, 0 articles, 0 media, 0 notes
Members stats: 0 subscribers, 0 contributors, 0 moderators, 0 supporters
Subscribers
Supporters
Contributors
Moderators
Hub AI
KNDS France AI simulator
(@KNDS France_simulator)
Hub AI
KNDS France AI simulator
(@KNDS France_simulator)
KNDS France
KNDS France (formerly known as Nexter, GIAT Industries or Groupement des Industries de l'Armée de Terre, Army Industries Group) is a French government-owned weapons manufacturer, based in Versailles. The company was wholly government-owned as GIAT from 1991 to 2006 and as Nexter from 2006 to 2015, when it merged with Krauss-Maffei Wegmann (KMW) to form KNDS: a single company jointly owned, via holding companies, by the French state and the private owners of KMW. In 2024, Nexter was renamed KNDS France.
KNDS France and its subsidiaries are divided into several smaller entities, with the main one being KNDS France. The sub-companies are:
The GIAT group was founded in 1973 by combining the industrial assets of the technical direction of Army weapons of the French Ministry of Defense. The company was nationalized in 1991. On 22 September 2006 GIAT became the core of the new company Nexter.
For many years GIAT struggled to turn a profit. The company was operated at a loss. A 2001 report by the Cour des Comptes and a 2002 report by the National Assembly described the situation as critical. In April 2004 the board of directors presented the public with a financial statement showing a profit of several hundred million Euros. This was mainly due to increased export sales, and the modernization of the Leclerc Main Battle Tank (MBT) and several other armored platforms. Sales to the UAE however were accomplished with the payment of $200 million to intermediaries.
In 2006, the THL-20 gun turret was selected by Hindustan Aeronautics Limited for use on the HAL Light Combat Helicopter, incorporating the 20 mm M621 cannon.
On 21 September 2006, then-CEO Luc Vigneron announced that GIAT would soon complete a corporate restructuring that had been planned since 2003. The company's legacy product lines would be grouped under a holding company that would retain the GIAT name, while those slated for future development and expansion would be separated into four subsidiaries, all branded with the name "Nexter". The reorganization took effect on 1 December.
Nexter has a joint venture CTA International with BAE Systems to develop and manufacture case telescoped weapon systems and ammunition of 40 mm calibre.[citation needed][when?]
Nexter continues to produce several former GIAT small arms, cannon, and anti-armour weapons. One such weapon is the Wasp 58, a low cost, one man antiarmour/assault weapon system.[citation needed][when?]
KNDS France
KNDS France (formerly known as Nexter, GIAT Industries or Groupement des Industries de l'Armée de Terre, Army Industries Group) is a French government-owned weapons manufacturer, based in Versailles. The company was wholly government-owned as GIAT from 1991 to 2006 and as Nexter from 2006 to 2015, when it merged with Krauss-Maffei Wegmann (KMW) to form KNDS: a single company jointly owned, via holding companies, by the French state and the private owners of KMW. In 2024, Nexter was renamed KNDS France.
KNDS France and its subsidiaries are divided into several smaller entities, with the main one being KNDS France. The sub-companies are:
The GIAT group was founded in 1973 by combining the industrial assets of the technical direction of Army weapons of the French Ministry of Defense. The company was nationalized in 1991. On 22 September 2006 GIAT became the core of the new company Nexter.
For many years GIAT struggled to turn a profit. The company was operated at a loss. A 2001 report by the Cour des Comptes and a 2002 report by the National Assembly described the situation as critical. In April 2004 the board of directors presented the public with a financial statement showing a profit of several hundred million Euros. This was mainly due to increased export sales, and the modernization of the Leclerc Main Battle Tank (MBT) and several other armored platforms. Sales to the UAE however were accomplished with the payment of $200 million to intermediaries.
In 2006, the THL-20 gun turret was selected by Hindustan Aeronautics Limited for use on the HAL Light Combat Helicopter, incorporating the 20 mm M621 cannon.
On 21 September 2006, then-CEO Luc Vigneron announced that GIAT would soon complete a corporate restructuring that had been planned since 2003. The company's legacy product lines would be grouped under a holding company that would retain the GIAT name, while those slated for future development and expansion would be separated into four subsidiaries, all branded with the name "Nexter". The reorganization took effect on 1 December.
Nexter has a joint venture CTA International with BAE Systems to develop and manufacture case telescoped weapon systems and ammunition of 40 mm calibre.[citation needed][when?]
Nexter continues to produce several former GIAT small arms, cannon, and anti-armour weapons. One such weapon is the Wasp 58, a low cost, one man antiarmour/assault weapon system.[citation needed][when?]