Hensoldt CEO Urges Overhaul of German Defense Procurement
Oliver Dörre calls for reforms to reduce reliance on the U.S., strengthen European autonomy, and streamline defense spending.
- Oliver Dörre advocates for a 'Buy-European' and 'Buy-German' strategy to enhance local defense capabilities and reduce dependency on the United States.
- He emphasizes the growing threat from Russia, particularly in Eastern Europe, as a pressing reason for stronger defense measures.
- Dörre views increased defense spending as a significant economic opportunity, describing it as a 'gigantic economic program.'
- Hensoldt's radar systems are actively supporting Ukraine's defense against Russian airstrikes and are integrated into the Eurofighter jet.
- The German government holds a blocking minority stake in Hensoldt, a company that achieved €2.2 billion in revenue in 2024.