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    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Federal High Court fixes December 8 to hear Nnamdi Kanu’s transfer request from Sokoto prison

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Abubakar Badaru resigns as minister of defence

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    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

    FG Closes 41 Unity Schools Amid Bandit Attacks

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

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    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

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    Lasaco Assurance Plc announces delay in share reconstruction

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    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Announces Total Voting Rights

    NNPC releases retail prices of Dangote petrol nationwide,  says it bought at $0.52/L

    NNPCL Posts ₦5.07tn Revenue, ₦447bn Profit Even as Production Hits 10-Month Low

    Ekiti State Government sales stake in Wema Bank Plc

    First HoldCo Completes 100% Sale of FBNQuest Merchant Bank to EverQuest

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

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    Access Holdings Announces Extraordinary General Meeting to Approve ₦40bn Private Placement

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    FY 2020: Fidelity Bank Plc reports decline in both gross earnings and profit

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    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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    Silver and other Precious Metals Surges amid Economic concerns

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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Germany Signs Multi-Billion Euro Deal for 20 Advanced Eurofighter Typhoons

Wednesday, 15 October 2025, 6:26 pm
in Business
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Germany Signs Multi-Billion Euro Deal for 20 Advanced Eurofighter Typhoons
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Germany has signed a multi-billion-euro deal with Airbus for 20 Eurofighter Typhoon jets, bolstering the Luftwaffe and advancing air fleet modernisation as NATO defense demands rise.

The new Eurofighters, built to the advanced “Tranche 5” standard, will include upgrades such as the E-Scan AESA radar for enhanced detection and targeting, and Saab’s Arexis electronic warfare suite for jamming and self-protection.

Deliveries are scheduled to begin in 2031 and conclude by 2034, with the jets entering service as they arrive. These multi-role aircraft—capable of air-to-air combat, ground strikes, and suppression of enemy air defenses—are expected to remain active into the 2060s, bridging the Luftwaffe’s needs until the Future Combat Air System (FCAS) is scheduled to enter service from 2040 onward.

“This order strengthens Germany’s air defense and NATO commitments while securing critical industrial expertise,” said Airbus CEO Mike Schoellhorn. Eurofighter GmbH’s Jorge Tamarit-Degenhardt hailed the deal as “excellent news,” noting its role in sustaining over 100,000 jobs across the Eurofighter consortium, which includes Germany, the UK, Italy, and Spain.

The jets will be assembled at Airbus’s Manching facility near Munich, bolstering Europe’s defense production capabilities.

Germany, Europe’s largest Eurofighter operator, currently fields around 140 Typhoons. The new order complements prior acquisitions, including 38 Tranche 4 jets under the €5.4 billion Quadriga project (deliveries from 2025) and 15 additional units approved in 2022. The Luftwaffe’s aging Tranche 1 Eurofighters and Panavia Tornados, some dating back to 2004, are being phased out, necessitating these replacements.

The contract comes as Germany ramps up defense spending beyond 2% of GDP, spurred by Russia’s ongoing invasion of Ukraine and delays in the FCAS program. Analysts see the deal as an “insurance policy” to maintain European fighter production amid geopolitical uncertainties.

Vivian Ifunanya Gerald

Administrator and Writer

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