Thiel stake casts shadow over Germany’s multibillion-dollar drone deal

1 min read
Source: politico.eu
Thiel stake casts shadow over Germany’s multibillion-dollar drone deal
Photo: politico.eu
TL;DR Summary

German lawmakers in coalition scrutinize Peter Thiel’s stake in Stark as Germany weighs a seven-year drone framework worth up to about €2.9 billion, starting with an initial fixed order of €268.6 million; redactions of pricing and quantities raise oversight concerns, while Defense Minister Pistorius says Thiel is not a key stakeholder and Parliament must approve the deal, potentially with safeguards before a vote.

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