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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

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    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

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    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    FG Orders Marketers to Cut Petrol Prices as Global Crude Crashes 40%

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    FG Announces Major Mineral Discovery in Kaduna

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

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    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

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    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

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    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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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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