Business

Lockheed Martin and Rheinmetall Forge Strategic Missile Manufacturing Alliance in Europe

Strategic Partnership Expansion

In a significant move to bolster Europe's defense capabilities, Rheinmetall AG and Lockheed Martin Corporation have announced an expansion of their partnership. This collaboration aims to extend their cooperative efforts beyond the current scope, focusing on the manufacturing of rockets and missiles within Europe.

Center of Excellence in Germany

The initiative will see the establishment of a center of excellence in Germany, spearheaded by Rheinmetall. This facility is intended to operate not only in Germany but also across various other European countries, marking a pivotal step towards enhancing the continent's security and self-reliance in defense manufacturing.

Pending Government Approvals

The ambitious project, however, awaits the green light from the governments of Germany and the United States, underscoring the international dimensions of this partnership.