Business

Rheinmetall and Lockheed Martin Forge Strategic Alliance to Boost Europe's Defense with Local Missile Production

Strategic Partnership Expansion

In a significant move to strengthen Europe's defense capabilities, Rheinmetall AG and Lockheed Martin Corporation have announced an expansion of their partnership. This collaboration aims to localize the production of rockets and missiles, marking a pivotal step towards enhancing the continent's security and self-reliance.

Creating a Center of Excellence

The initiative will see the establishment of a center of excellence in Germany, under Rheinmetall's leadership. This facility will not only serve Germany but also extend its operations to other European nations, fostering a unified approach to defense manufacturing across the continent.

Awaiting Government Approval

While the partnership is poised to redefine Europe's defense landscape, the finalization of this deal hinges on the green light from the governments of Germany and the United States, underscoring the international dimensions of this strategic alliance.