Germany plans to purchase thousands of precision long-range weapons systems from European manufacturers to strengthen its military arsenal, APA reports, citing Bloomberg.
According to the report, Berlin is seeking to bolster its defence capabilities against threats from Russia.
Deliveries of US-made Tomahawk cruise missiles to Germany have reportedly been postponed indefinitely, prompting the country to pursue alternative weapons systems.
Sources said German Defence Ministry representatives were negotiating a contract worth more than €1 billion with US defence technology company Covenant.
The proposed deal covers thousands of powerful Anthem cruise missiles designed for ground launch.
No information has yet been released on when the contract could be finalised or deliveries could begin.