Germany to spend 8 bln euros on army equipment-paper
BERLIN, Dec 12 (Reuters) - Germany's parliamentary budget committee plans to approve spending of some 8 billion euros on defence projects but it is to delay other planned purchases that will affect EADS, a newspaper reported on Tuesday.
Die Welt daily quoted committee sources as saying that Germany was set to spend 6.95 billion euros ($9.21 billion) over ten years on a new information technology system.
The orders, which will include about 140,000 new computers, will go to IBM (IBM.N: Quote, Profile , Research) and Siemens (SIEGn.DE: Quote, Profile , Research), the paper said.
The government also plans to buy 272 protected "Boxer" transport vehicles for 891 million euros, according to the paper. Rheinmetall (RHMG.DE: Quote, Profile , Research), Stork (VMFN.AS: Quote, Profile , Research) and Krauss-Maffei Wegmann are involved in the vehicle's development.
However, Germany is set to delay planned helicopter purchases in which European defence group EADS (EAD.PA: Quote, Profile , Research) (EAD.DE: Quote, Profile , Research), is a partner, including MH-90 naval helicopters and the second tranche of NH-90 helicopters.
Together they would have cost about 2.4 billion euros, Die Welt said.
The committee is due to meet on Wednesday. (Reporting by Madeline Chambers, editing by Toni Reinhold; Berlin Newsroom, +49 30 2888 5230,
[email protected]) ($1=.7550 Euro)