Stay ahead in the aerospace and defense market with an interactive, Excel-based country intelligence workbook from the analyst. This ready-to-use workbook features intuitive pivots and dashboards that allow users to analyze defense spending, procurement programs, platform inventories, and market trends across key segments within Germany. Easily slice and filter data, explore historical patterns and long-term forecasts, benchmark suppliers, and support strategic planning with transparent, analyst-curated insights through 2035.
Defense Program Forecasts: The interactive Excel sheet allows the user to explore forecast spending across defense sectors and sub-sectors, with the ability to drill down to individual programs and suppliers. Interactive filters enable users to assess funding priorities, program pipelines, and supplier exposure within the country’s defense ecosystem.
Fleet Size: The interactive excel sheet allows the user to evaluate current and future equipment inventories by filtering data on equipment variants, acquisition timelines, current unit counts, annual fleet maintenance costs, manufacturers, and countries of origin. The workbook also provides forward-looking indicators such as projected retirement years, replacement probabilities, and service life extension likelihoods, offering clear visibility into modernization and replacement opportunities.
Two interactive visualization sheets with charts and graphs provide expert insights, enabling users to explore quantitative trends within the selected aerospace and defense market. The visualization sheets are supported by detailed underlying datasets covering Defense Budget Allocations, Fleet Size and Platform Analysis, and Defense Program Forecasts
Germany’s defense budget, as released by the government, increased by 38.5% in 2026 to $93.4 billion, up from $67.4 billion in 2025. This growth is projected to continue throughout the forecast period (2027-2031), ultimately reaching $176.3 billion by 2031. This represents a compound annual growth rate (CAGR) of 12.8%, rising from $108.7 billion in 2027. NATO’s conclusion that Germany barely meets the old 2% guideline relies on the existence of the Bundeswehr special fund, valued at €100 billion ($109.9 billion), which is expected to be fully depleted-possibly as soon as 2026. A more complete picture indicates that a significant portion of the fund is being spent on military modernization efforts, including procurement and R&D. Excluding the special fund, Germany still has the third-largest defense budget in Europe by value, behind only the UK and France. Including the special fund, Germany becomes the region’s top spender by value.
Germany Defense Market Data report provides:
Defense Budget Allocations: The interactive excel sheet allows the user to analyze total defense expenditure with flexible filters across major budget heads, including Acquisitions, RDT&E, Infrastructure, Personnel, Operations and Maintenance (O&M), and Other expenditures. Users can further enhance analysis by viewing contextual indicators such as exchange rates, real and nominal GDP, population, defense spending as a percentage of GDP, and defense budget per capita.Defense Program Forecasts: The interactive Excel sheet allows the user to explore forecast spending across defense sectors and sub-sectors, with the ability to drill down to individual programs and suppliers. Interactive filters enable users to assess funding priorities, program pipelines, and supplier exposure within the country’s defense ecosystem.
Fleet Size: The interactive excel sheet allows the user to evaluate current and future equipment inventories by filtering data on equipment variants, acquisition timelines, current unit counts, annual fleet maintenance costs, manufacturers, and countries of origin. The workbook also provides forward-looking indicators such as projected retirement years, replacement probabilities, and service life extension likelihoods, offering clear visibility into modernization and replacement opportunities.
Two interactive visualization sheets with charts and graphs provide expert insights, enabling users to explore quantitative trends within the selected aerospace and defense market. The visualization sheets are supported by detailed underlying datasets covering Defense Budget Allocations, Fleet Size and Platform Analysis, and Defense Program Forecasts
Germany’s defense budget, as released by the government, increased by 38.5% in 2026 to $93.4 billion, up from $67.4 billion in 2025. This growth is projected to continue throughout the forecast period (2027-2031), ultimately reaching $176.3 billion by 2031. This represents a compound annual growth rate (CAGR) of 12.8%, rising from $108.7 billion in 2027. NATO’s conclusion that Germany barely meets the old 2% guideline relies on the existence of the Bundeswehr special fund, valued at €100 billion ($109.9 billion), which is expected to be fully depleted-possibly as soon as 2026. A more complete picture indicates that a significant portion of the fund is being spent on military modernization efforts, including procurement and R&D. Excluding the special fund, Germany still has the third-largest defense budget in Europe by value, behind only the UK and France. Including the special fund, Germany becomes the region’s top spender by value.
Key Highlights
- Drivers: Germany's defense spending is driven by the modernization of the German Armed Forces to ensure contributions to large-scale NATO operations, a priority heightened by the invasion of Ukraine.
- Top 3 Sectors: Military Fixed Wing Aircraft, Missiles and Missile Defense Systems, Military Land Vehicles.
- Top Country of Origin of Existing Fleet: Indigenous, Sweden, United States, Finland, Switzerland
Report Scope
This Excel deliverable gives important, expert insight you won’t find in any other source. The interactive model illustrates qualitative and quantitative trends within the specified market. Various sections covered in the workbook are as follows:- Interactive Visualizations: Two interactive dashboard sheets featuring charts and graphs that enable rapid analysis of qualitative and quantitative trends across the selected aerospace and defense market.
- Defense Budget Allocations: Detailed coverage of total defense expenditure with breakdowns across acquisitions, RDT&E, infrastructure, personnel, operations and maintenance (O&M), and other spending categories, supported by key macroeconomic and contextual indicators.
- Defense Program Forecasts: Forecast analysis of defense spending by sector, sub-sector, program, and supplier, enabling evaluation of procurement priorities, funding pipelines, and competitive positioning within the country.
- Fleet Size and Platform Inventory: Comprehensive assessment of military equipment inventories, including platform variants, acquisition timelines, current unit counts, manufacturers, country of origin, maintenance costs, and projected retirement, replacement, and service life extension indicators.
- Sources: Data compiled from a wide range of authoritative public and proprietary sources, including government budgets, defense ministries, armed forces disclosures, international organizations, industry reports, and the analyst’s internal databases.
Reasons to Buy
- Identify high-growth investment and procurement opportunities by analyzing historical data and long-term trends in the Germany defense market across budget categories, sectors, and platforms through 2035.
- Track and benchmark defense budget allocations across acquisitions, RDT&E, personnel, infrastructure, and O&M, supported by macroeconomic indicators such as GDP, population, and defense spending as a percentage of GDP.
- Assess program-level funding priorities and pipelines by drilling down into defense programs by sector, sub-sector, and supplier, enabling evaluation of funding stability, growth potential, and competitive exposure.
- Evaluate fleet modernization and replacement opportunities using detailed platform-level data covering current inventories, acquisition timelines, maintenance costs, projected retirements, and replacement and service life extension probabilities.
- Strengthen competitive and supplier intelligence through comparative analysis of manufacturers, country of origin, and supplier participation across key defense programs and platforms.
- Save time and improve decision-making efficiency with a ready-to-use, interactive Excel workbook featuring intuitive pivots and dashboards that allow rapid filtering, customization, and scenario exploration without the need for additional modeling.
Table of Contents
- Home Page
- About the Analyst
- Methodology
- Data Vizualization (Defense Budget Sector
- Fleet Size)
- Fleet Size
- Forecast (Defense Budget Allocations
- Defense Program Forecasts)
- Sources
- Analyst Comments
- Glossary
- Contact the Publisher
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Rheinmetall AG and KNDS NV
- Eurofighter Jagdflugzeug GmbH
- Dassault Aviation SA
- Airbus SE and Indra Sistemas S.A.
- Damen Schelde Naval Shipbuilding and Blohm + Voss GmbH
- Lockheed Martin Corp
- ThyssenKrupp Marine Systems
- Rheinmetall AG
- The Boeing Co
- MBDA Holdings SAS
- General Dynamics European Land Systems Deutschland
- Airbus Defence and Space SA
- ThyssenKrupp Marine Systems GmbH and NVL BV & Co KG
- Israel Aerospace Industries Ltd
- EUMET GmbH
- NVL BV & Co KG
- KNDS Deutschland GmbH & Co KG
- Dassault Aviation SA
- Leonardo SpA
- and Airbus SE
- RTX Corp
- ARGE K130
- MBDA Germany and RTX Corp
- Diehl Defence GmbH & Co KG
- NHIndustries
- MBDA Deutschland GmbH and Lockheed Martin Corp
- Airbus Helicopters SAS
- Airbus Defence and Space Gmbh
- EuroJet Turbo GmbH
- Bombardier Inc
- ELTA Systems Ltd
- Hensoldt Sensors GmbH
- Hensoldt Theon NightVision GmbH
- MAWS GbR
- Mercedes-Benz Group AG
- KNDS NV
- Rheinmetall AG
- Mercedes-Benz Group AG & Armoured Car Systems GmbH
- IVECO Defence Vehicles Spa
- Rheinmetall MAN Military Vehicles
- Patria Oyj
- NVL BV & Co KG and Meyer Werft Neptun Shipyard
- EuroTrophy GmbH
- Airbus SE
- OHB System AG
- Pratt & Whitney Co
- Kongsberg Defence & Aerospace AS
- KNDS Deutschland GmbH & Co. KG
- Rheinmetall Air Defence AG
- RAM-System GmbH
- BAE Systems Hagglunds AB
- Elbit Systems Ltd
- Rohde & Schwarz GmbH & Co KG
- Hensoldt AG
- Rheinmetall Protection Systems GmbH
- ThyssenKrupp Marine Systems GmbH
- Motorola Solutions Inc
- Indra Sistemas SA
- Raytheon Missiles & Defense
- Fassmer GmbH & Co
- CFM International Inc
- EuroDASS Consortium
- Dynamit Nobel Defence GmbH
- Atlas Elektronik GmbH and Israel Aerospace Industries Ltd
- TDW GmbH
- Hensoldt AG and ELTA Systems Ltd
- BAE Systems Inc
- Bundeswehr Clothing Management (BwBM)
- Siemens AG
- Northrop Grumman Corp
- Hensoldt AG and Indra Sistemas SA
- L3Harris Technologies Inc
- Saab AB
- Kongsberg Gruppen ASA
- Rafael Advanced Defense Systems Ltd
- BAE Systems Plc
- Fraunhofer FHR
- Rheinmetall AG and KNDS Deutschland
- Honeywell Aerospace
- Mehler Vario System GmbH
- Safran Helicopter Engines
- Europrop International (EPI) GmbH
- Rolls-Royce Holdings Plc
- a4ESSOR S.A.S.
- BAE Systems Plc
- L3Harris Technologies Inc
- Lockheed Martin Corp and Northrop Grumman Corp
- Diehl Defence GmbH & Co. KG & Leonardo S.p.A
- CAE GmbH
- Safran Electronics & Defense
- RTX Corp and Lockheed Martin Corp
- Weibel Scientific AS
- Teledyne FLIR LLC
- Rheinmetall Soldier Electronics GmbH and Galvion
- Rheinmetall Waffe Munition
- Safran Electronics & Defense Germany GmbH
- Astronics Corp
- RWS GmbH
- Eurofirst
- MTU Friedrichshafen GmbH
- Helicopter Flight Training Services GmbH
- CAE Inc
- Diehl Defence GmbH & Co. KG
- Polish Naval Academy
- Wehrtechnische Dienststelle für Schiffe und Marinewaffen der Bundeswehr
- and Maritime Technologie & Forschung (WTD 71)
- OSI Maritime Systems and ARCHE Systeme GmbH
- Leonardo SpA
- Thales Nederland
- Telerob Gesellschaft für Fernhantierungstechnik
- General Dynamics European Land Systems-Germany GmbH
- Rheinmetall Waffe Munition GmbH
- General Dynamics Ordnance and Tactical Systems Inc
- RWM Italia S.p.A
- ELDIS Pardubice s.r.o
- Atlas Elektronik GmbH
- Hensoldt Optronics GmbH
- Rheinmetall Electronics GmbH
- Collins Aerospace and Rohde & Schwarz GmbH & Co KG
- Rolls-Royce North America Inc
- Elbit Systems Ltd and Diehl Defence GmbH & Co. KG
- Intracom Defense SA
- EODH SA
- POL-TEC GmbH & Co. KG
- MAN Energy Solutions SE
- Metallwerk Elisenhütte & RWS GmbH
- L3Harris Technologies Inc and Collins Aerospace
- GE Aerospace
- Metallwerk Elisenhütte
- Terma AS
- Thales SA and Indra Sistemas SA
- Elbit Systems Deutschland GmbH & Co. KG
- Airrobot GmbH & Co.KG
- ARX Landsysteme GmbH
- CAE Inc and The Boeing Co
- Defenture BV
- Collins Aerospace
- Teuto Defence Germany UG & Co KG
- Thales SA and Airbus SE
- PROTEQ Bodygear GmbH
- Hexonia GmbH
- Thales SA
- Airbus Defence and Space SAS
- Dassault Aviation SA
- Safran SA and Leonardo SpA
- General Dynamics United Kingdom Ltd
- LIG Nex1 Co Ltd
- Diehl Defence GmbH & Co. KG.
- SIOEN Ballistics Oy
- Thales Nederland B.V.
- MK Technology GmbH
- Kongsberg Defence & Aerospace AS and Diehl Defence GmbH & Co KG
- HENSOLDT Sensors GmbH and Fraunhofer FHR
- Rheinmetall AG
- KNDS NV and Thales SA
