EconomyLens.com
No Result
View All Result
Tuesday, November 3, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

German army activates air-defence system, citing Russia threat

David Peterson by David Peterson
September 4, 2024
in Business
Reading Time: 5 mins read
A A
0
54
SHARES
681
VIEWS
Share on FacebookShare on Twitter

Scholz said Putin had broken disarmament treaties. ©AFP

Todendorf (Germany) (AFP) – Germany’s military put a first Iris-T air-defence system into service on its own soil Wednesday, having delivered several of them to war-torn Ukraine to intercept Russian rockets, drones, and missiles. Chancellor Olaf Scholz said the surface-to-air system was part of a build-up of German and European defences launched after Russian President Vladimir Putin launched the Ukraine invasion in 2022.

Related

Spain says to work ‘tirelessly’ to restore trust in trains after disasters

Lufthansa latest airline to flag ticket price hikes amid Iran war energy shock

Virgin Media O2 to cut thousands of jobs and slash costs

Lufthansa says 2026 fuel costs to be 2 bn euros higher amid Iran war

Philips says reached deal ‘in principle’ with US over sleep machine recall

“Russia has been massively rearming for many years, especially in the field of rockets and cruise missiles,” Scholz said at the inauguration ceremony at a base in Todendorf near the northern city of Hamburg. Putin had broken disarmament treaties and “deployed missiles as far as Kaliningrad,” a Russian exclave located some 530 kilometres (330 miles) from Berlin, he added. “It would be negligent not to respond to this appropriately,” the chancellor said. “A failure to act would put peace at risk. I will not allow that.”

Scholz, who was joined by Defence Minister Boris Pistorius, said the system was part of the European Sky Shield Initiative, which also includes long-range defences against ballistic missiles. The German military has ordered six of the Iris-T SLM systems at a total cost of 950 million euros ($1 million) from manufacturer Diehl Defence, to be delivered by May 2027.

Germany, the second-largest contributor of military aid to Ukraine after the United States, has already supplied four Iris-T SLM systems to Ukraine and pledged another eight. Ukraine’s Defence Minister Rustem Umerov was visiting Germany on Wednesday, a day after a Russian missile attack killed at least 51 people in the Ukrainian city of Poltava, one of the single deadliest bombardments of the war.

The Iris-T systems sent to Ukraine feature truck-mounted launchers that fire missiles to intercept aerial threats at a range of up to 40 kilometres (25 miles). Scholz said that “in Ukraine, Iris-T has shot down over 250 rockets, drones, and cruise missiles to date and saved countless lives.” The German leader said that Europe, aside from defensive systems, would also need more precision missiles of its own “so that there is no dangerous gap with Russia in this strategically important field.”

In July, Washington and Berlin announced that the “episodic deployments” of long-range US missiles, including Tomahawk cruise missiles, to Germany would begin in 2026. Scholz stressed that “our sole concern is to deter potential attackers. Every attack on us must mean a risk for the attacker. Our concern is to secure peace here and prevent war, and nothing else.”

© 2024 AFP

Tags: GermanymilitaryUkraine
Share22Tweet14Share4Pin5Send
Previous Post

Tech stocks tumble on new Nvidia weakness

Next Post

US Steel warns plants could close without Nippon sale

David Peterson

David Peterson

Related Posts

Business

Storied Paris department store receives bankruptcy protection

November 2, 2026
Business

Ryanair looks to freeze wages, hike fares as fuel prices soar

November 2, 2026
Business

ExxonMobil urged to re-think Papua New Guinea gas project

November 2, 2026
Business

US oil companies aim to squeeze more out of refineries

October 31, 2026
Business

Canada, EU launch new alliance with deals on Ukraine, minerals, AI

October 30, 2026
Business

US jury hands win to Bayer in weedkiller cancer case

October 30, 2026
Next Post

US Steel warns plants could close without Nippon sale

Markets struggle but limit losses

Troubled Burberry exits London's top-tier shares index

Spanish PM picks minister as central bank chief, sparking row

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Unions urge South Africa to save US duty-free trade deal

November 3, 2026

Spain says to work ‘tirelessly’ to restore trust in trains after disasters

November 3, 2026

Lufthansa latest airline to flag ticket price hikes amid Iran war energy shock

November 3, 2026

Stocks wobble on concerns over AI and US midterms

November 3, 2026
From EconomyLens

Clear insights, straight to your inbox.

Get the stories and perspectives shaping the economy.

EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.