Germany tightens drone deal oversight after Thiel-linked Stark row

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Source: politico.eu
Germany tightens drone deal oversight after Thiel-linked Stark row
Photo: politico.eu
TL;DR Summary

Germany's parliament tightens oversight on a multibillion-euro drone contract for Stark and Helsing after scrutiny of Peter Thiel's minority stake in Stark, imposing spending caps and requiring renewed parliamentary approval for large orders. The seven-year framework starts with a €268.6 million fixed order and could reach €2.86 billion if all optionals are exercised, with follow-ons and any orders above €1 billion requiring updated needs, pricing documentation and renewed parliamentary approval, plus qualification/serial-readiness checks.

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