Daimler Truck Defence sells scale to armies short on trucks

Since Russia’s full-scale invasion of Ukraine, European armies have needed military trucks in volume and on short timelines. Daimler Truck is betting that need favors a manufacturer whose defense vehicles come out of the same plants, and the same parts bins, as its commercial trucks. The company folded its military work into a single global brand, Daimler Truck Defence, in June. It plans to invest what it calls a mid-three-digit million-euro sum over the coming years and is targeting €1 billion in defense revenue by 2028, according to an announcement earlier in June . About 1,000 employees work in the business today, and Daimler expects that number to grow, particularly at its Wörth am Rhein plant in Germany.