German Defense Minister Ursula von der Leyen talks to a soldier of German special naval forces during her visit at the German army "Bundeswehr" in Kiel, Germany April 21, 2017. REUTERS/Fabian Bimmer - RC14F3900510

Germany is on the verge of striking a $2 billion deal for five new Braunschweig-class corvettes that would improve its capabilities and help meet NATO defense spending commitments.
Parliament approved the funds for the vessels in June, and the German navy expects to receive the ships by 2025. They will each be equipped with a 76 mm main gun and surface-to-air and anti-ship missiles, as well as mines.
The navy already has five ships of the same class, but the German defense procurement agency, BAAINBw, said in a statement announcing the deal that the new arrivals would help Germany meet its pledge to NATO. In 2014, all members of the alliance agreed to increase military spending to 2 percent of gross domestic product.
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