Business

Lockheed Martin and Rheinmetall Forge Strategic Alliance to Boost Europe's Defense with 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 enhance the continent's security and self-reliance through the manufacturing of rockets and missiles.

Center of Excellence in Germany

The initiative will see the establishment of a center of excellence in Germany, spearheaded by Rheinmetall. The facility will primarily operate within Germany and extend its activities to other European nations, marking a pivotal step in regional defense collaboration.

Awaiting Government Approval

This ambitious project, however, is pending approval from the governments of Germany and the United States, underscoring the international dimension of this partnership.