In a recent interview with the BBC, Armin Papperger, the CEO of Rheinmetall, Germany's largest defence firm, has stated that Europe will require a decade before reaching full readiness in defending itself. Papperger expressed concern over ammunition stocks, noting that they are currently depleted.

These comments come in response to remarks made by US presidential candidate Donald Trump, which have raised fresh concerns across Europe. Trump, the frontrunner for the Republican nomination, stated that he had informed a world leader about his stance on protecting NATO members who fail to fulfill their financial commitments. He further added that he would even "encourage" aggressors to do as they please.

Rheinmetall, recognizing the urgency of the situation, has committed to investing over $300 million (£274 million) in a new facility. This facility is projected to produce 200,000 artillery shells annually. However, Papperger emphasized that significant time is required to adequately prepare against potential aggressors determined to challenge NATO.

"We are fine in three, four years - but to be really prepared, we need 10 years," stated Papperger, emphasizing the need to produce 1.5 million rounds of ammunition in Europe. He highlighted that a substantial amount of Europe's ammunition had been sent to Ukraine, leaving limited supplies for European stocks.

Chancellor Scholz refrained from expressing concern over Trump's remarks, asserting his confidence in NATO's significance for the United States, Canada, and European countries. However, he acknowledged Russian President Vladimir Putin's "imperial ambitions" and emphasized the importance of successfully deterring any potential aggressors to maintain peace.

When questioned about Europe's readiness in the event of US withdrawal of support, Ms. Frederiksen, an official spokesperson, stressed the necessity for Europe to be prepared "no matter what." She cited the increasing aggression displayed by Russia as evidence of the need for Europe to enhance its capabilities.

It has been nearly two years since Chancellor Scholz declared "Zeitenwende" (turning point) in Germany's foreign and defence policies, following Russia's full-scale invasion of Ukraine. While allies anticipated Germany's more assertive role in security matters, Dr. Claudia Major from the German Institute for International and Security Affairs stated that although Europe has been investing more since the invasion, it still lacks the ability to defend itself independently without US support.

Mr. Papperger concurred with the concept of "Zeitenwende" and expressed belief in the improved trust between the government and defence contractors. Rheinmetall's share price has also steadily risen since Russia's invasion of Ukraine.

While the outcome of the US election remains uncertain, Trump's recent comments are being viewed as a wake-up call for Europe. Olaf Scholz, currently in the US to rally Ukraine aid, found an opportunity to take a photograph with his American counterpart, referring to him as his "twin."