The new federal government of Union and SPD approved arms exports for almost four million euros in the first five weeks of its term.
However, weapons of war were not among them, as the Ministry of Economic Affairs announced at a request from the left-wing member of the Bundestag Desiree Becker, which the German Press Agency had. It is the first time that the new government informs about the scope of the arms exports it approved by Israel.
According to Chancellor’s head Thorsten Frei, the Israeli attacks on Iran will not change anything at the approval practice. “We want to do everything so that Israel is able to defend itself and to be able to secure its own existence permanently,” said the CDU politician in a dpa interview to a question. “We feel committed to this and that also applies to the future.”
Requirements for arms export stop from the SPD
The German arms exports to Israel have been highly controversial for months, primarily because of the military approach of the Israeli forces in the Gaza Strip. Even Chancellor Friedrich Merz (CDU) had recently tightened his criticism of Israel. “What the Israeli army is now doing in the Gaza Strip, I understand – openly stood – no longer with what goal,” he said at the WDR European European at the end of May. From the SPD, there were even demands to completely post arms exports to Israel. The Union rejects this.
The extent of the permits comparatively low
According to the response from the Secretary of Economics Thomas Steffen to the parliamentary request of the left, the federal government allowed German manufacturers between May 7 and June 10, 2025 to Israel for 3.986 million euros.
The scope is relatively low compared to the previous government. The traffic light coalition and later the red-green minority government had approved arms deliveries for almost half a billion euros on October 7, 2023 after Hamas’ terrorist attack. In the first quarter of 2025 it was 28 million euros. Israel was the most important recipient countries of the Germans Armaments.
No strategy change according to free
However, freely emphasized that this was not easily comparable. “You would have to compare larger periods in order to actually recognize that a strategy could hide behind it,” he told the dpa. “This is not the case here, but the attitude towards Israel has not changed by the federal government.”
Lawsuit at the International Court of Justice
The German armaments are also criticized internationally. At the International Court of Justice (IGH) in the Haag, a lawsuit from the Latin American country Nicaragua is pending, which therefore accuses Germany of the aid for genocide.
The left-wing MP Becker called it “unsuccessful and humanitarian scandalous” that the federal government had approved arms exports for four million euros in the middle of a “further escalating war”. To do this, you could have delivered “countless medication and food” in the Gaza Strip.
Armor shares in Thursday trading
The Rheinmetall share temporarily lists 1.52 percent lower at 1,714.50 euros via Xetra. The Hensoldt share is 2.32 percent lower at 90.45 euros. The Renk share meanwhile falls 3.34 percent to 66.92 euros. Dealers refer to the NATO summit that is upcoming in the coming week, which will not only be important because of the escalating geopolitical crises, but also for European defense spending. At the summit, there is an increase in an increase in the NATO countries for defense and “defense-relevant expenses” to a total of 5 percent of gross domestic product.
Rheinmetall attracted 1.8 percent on Thursday at the top and approached the 21-day line again, under which they have been moving in June for a few days. All three stocks had recently removed some of their record levels.
A dealer sees certain price risks if the defense commitments of the European Union do not meet the high expectations in the coming week.
At Rheinmetall, reference was also made to a report on the market on Thursday, in which the group reported a partnership with the US group anduril. According to the analyst Chloe Lemarie from Jefferie’s, Rheinmetall takes up further growth opportunities that go beyond land defense and ammunition. Anduril specializes in drones, among other things.
Hauck Aufhäuser IB raises the goal for Hensoldt to 106 euros – ‘Buy’
Hauck Aufhäuser Investment Banking has raised the price target for Hensoldt from 65 to 106 euros and left the classification to “Buy”. The strong order dynamics in the field of air defense is a particularly important growth driver, wrote Simon Keller in his re -evaluation available on Thursday. He raised his long -term margin forecast.
/MFI/DP/ZB
Berlin (dpa-Afx)
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