Military: Bundeswehr awards IT contracts in record amount - and thus revives a struggling market
The German military, the Bundeswehr, is investing massively in digital technology. BWI, the military's IT service provider, is doubling its sales by 2030. A former RWE executive is preparing the company for this.
The German military, the Bundeswehr, is investing heavily in digitalization due to the threat from Russia. The Bundeswehr's IT service provider, BWI, expects a significant increase in orders and predicts its revenue will grow to over 6 billion euros by 2030, up from 2.3 billion euros last year. BWI plans to outsource more contracts to take advantage of the opportunities, with over 10 billion euros allocated for data centers, software, and digital services by 2031.
This growth is expected to make BWI one of the largest IT service providers in Germany, competing with market leader T-Systems, which had a revenue of 4.1 billion euros last year.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
