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Deutz AG Increases Military Contracts Amidst NATO's Defense Spending Surge
Facing economic headwinds, Deutz AG, Germany's oldest engine manufacturer, plans to significantly increase its military contracts to 5–10% of revenue within five years, driven by NATO's increased defense spending and a need for adapting engines to military fuel standards.
Deutz AG Increases Military Contracts Amidst NATO's Defense Spending Surge
Facing economic headwinds, Deutz AG, Germany's oldest engine manufacturer, plans to significantly increase its military contracts to 5–10% of revenue within five years, driven by NATO's increased defense spending and a need for adapting engines to military fuel standards.
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