Billions for the Military: Germany's Economy Pins Its Hopes on the Defense Industry
Increased defense spending is a boon for Germany's ailing industrial sector. Numerous companies, even those with no previous military experience, are now hoping to get in on the act.
Visiting the works of Ilsenburger Grobblech GmbH is like taking a trip back in time. Way back in the 16th century, copper used to be produced at this site in the northern Harz Mountains, not far from eastern Germany’s tallest peak, the Brocken.
Today, slabs of steel up to 35 centimeters thick are piled up in front of the factory halls, delivered from the blast furnaces and converters of parent company Salzgitter, less than an hour’s drive away.
What is happening behind the factory walls, though, is part of a new hype that has gripped Germany’s crisis-ridden industrial sector. A hype which many are hoping will be enough to revive it.
The article you are reading originally appeared in German in issue 43/2025 (October 17th, 2025) of DER SPIEGEL.
Author's summary: Germany's economy hopes to revive through defense industry.
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