Group organization
The Nexter group is divided in several smaller entities, with the main one being Nexter Systems. The sub-companies are: * Nexter Munitions * Nexter Mechanics * Nexter Electronics * Nexter Robotics * Nexter Training * OptSys * NBC Sys * Euro-Shelter * Mecar * Simmel DifesaHistory
The GIAT group was founded in 1973 by combining the industrial assets of the technical direction of Army weapons of the Minister of Defence (France), French Ministry of Defense. The company was nationalized in 1991. On 22 September 2006 GIAT became the core of the new company Nexter. For many years GIAT struggled to turn a profit. The company was operated at a loss. A 2001 report by the ''Cour des Comptes'' and a 2002 report by the French National Assembly, National Assembly described the situation as critical. In April 2004 the board of directors presented the public with a financial statement showing a profit of several hundred million Euros. This was mainly due to increased export sales, and the modernization of the Leclerc tank, Leclerc Main Battle Tank (MBT) and several other armored platforms. Sales to the UAE however were accomplished with the payment of $200 million to intermediaries. In 2006, the THL-20 gun turret was selected by Hindustan Aeronautics Limited for use on the HAL Light Combat Helicopter, incorporating the 20 mm M621 cannon."Missile Mirage", ''Aviation Week & Space Technology'', January 1, 2007. Nexter has a joint venture CTA International with BAE Systems to develop and manufacture case telescoped weapon systems and ammunition of 40 mm calibre. Nexter continues to produce several former GIAT small arms, cannon, and anti-armour weapons. One such weapon is the Wasp 58, a low cost, one man antiarmour/assault weapon system.Merger with KMW
In 2015, Nexter and Krauss-Maffei merged under a single structure. The new KMW+Nexter Defense Systems (KNDS) will be the European leader of terrestrial defense with more than 6,000 employees. The supervisory board appointed the new CEO of Nexter Systems, Stéphane Mayer, and the chairman of the executive board of KMW, Frank Haun, as CEOs of the holding company.Products
Nexter design and manufactures Military protected vehicles for the Military of France, French military and other international military, militaries: * The Véhicule de l'Avant Blindé (VAB) armoured personnel carrier; * The Nexter Aravis - Mine Resistant Ambush Protected Vehicle; * The Nexter Titus wheeled and mine protected vehicle; * The VBMR Griffon armoured personal carrier VMBR-L Serval and EBRC Jaguar The company also acquired a large influence in the field of combat and artillery vehicles thanks to the development of several large caliber canons: * The Leclerc tank, Leclerc main battle tank; * The CAESAR self-propelled howitzer, CAESAR - 155 mm wheeled self-propelled howitzer; * The Véhicule blindé de combat d'infanterie, VBCI (Véhicule blindé de combat d'infanterie) wheeled armoured infantry fighting vehicle; * The GIAT LG1, LG1 Mark II 105 mm towed howitzer; * The TRF1, TRF1 155 mm towed howitzer * The GCT 155mm self-propelled gun * The AMX-10 RC tank destroyer And several types of munitions for medium and large-calibre weapons: * 120 mm ammunitions * 155 mm ammunitions * Tank ammunitions * 40 mm ammunitions Nexter/Giat also manufactures various weapons: * The FAMAS assault rifle; * The M621 cannon * The FR F2 sniper rifle; * The 20 mm modèle F2 gun; * The Giat M811, M811 25 mm cannon; * The APILAS anti-tank rocket launcher; * The Wasp 58 Light Anti-Armour Weapon; * The Armes de Défense Rapprochée personal defence weapon; * The GIAT 30 aircraft-mounted revolver cannon;References
* ''Cour des Comptes'', ''Les industries d'armement de l'État''External links
* {{Authority control Nexter Systems, Defence companies of France Ammunition manufacturers Firearm manufacturers of France Military vehicle manufacturers Companies based in Paris-Saclay Manufacturing companies established in 1973 Technology companies established in 1973 Companies based in Auvergne-Rhône-Alpes.jpg.html){kind=link}