Daimler Truck Pledges Investment in New Defense Business Unit

By Dominic Chopping

Daimler Truck has established a new defense brand, bringing together its global defense activities under one roof. The company also pledged to invest hundreds of millions of euros to expand its range of military products.

The German truck maker said the move will align its defense business under the new Daimler Truck Defence brand and position it for sustained international growth. Defense is becoming an increasingly important business area for the company.

It will invest a mid-three-digit million-euro amount over the coming years to expand engineering, manufacturing, sales and service capabilities as it targets 1 billion euros ($1.16 billion) in defense-related revenue by 2028.

"Demand for reliable military mobility is growing worldwide," said Dennis Kinzelmann, chief executive of Daimler Truck Defence. "With our global manufacturing network, resilient supply chains, strong partnerships and expanded product portfolio, we can deliver military vehicles and mobility solutions quickly, at scale and with high standards."

Daimler Truck's European defense manufacturing activities are centered at its plants in Worth am Rhein, Germany, and Molsheim, France. The expansion is expected to create additional jobs, particularly at the Worth am Rhein site.

The company plans to offer a broad range of products across its various brands, including light utility vehicles and heavy tactical logistics platforms equipped for mission-specific requirements.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 15, 2026 04:50 ET (08:50 GMT)