France and Germany have agreed to become joint equal shareholders in KNDS, a leading land weapons manufacturer. The announcement, made on June 22nd, signals a renewed commitment to defense cooperation between the two nations. This move follows recent setbacks in their collaborative efforts, particularly the cancellation of the Scaf program earlier this month. The agreement focuses on the governance of KNDS, clearing a path for potential stock market listing of the company. This development aims to strengthen European defense capabilities and industrial independence. The equal shareholding structure indicates a desire for balanced control and decision-making within KNDS. This partnership seeks to revitalize Franco-German collaboration in the defense sector after a period of strain.