Germany Deputy Defense Minister Nils Schmid says the decision to scrap a €10 billion ($11.4 billion) warship purchase and the demise of a joint fighter-jet project with France this month show that the country’s industry needs to catch up with ambitions for a military buildup. Schmid speaks on Bloomberg Television. (Source: Bloomberg)
Germany Deputy Defense Minister Nils Schmid says the decision to scrap a €10 billion ($11.4 billion) warship purchase and the demise of a joint fighter-jet project with France this month show that the country’s industry needs to catch up with ambitions for a military buildup. Schmid speaks on Bloomberg Television. (Source: Bloomberg)
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