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 plans to extend their partnership. This collaboration aims to establish a center of excellence in Germany, focusing on the production of rockets and missiles to enhance the continent's security and self-reliance.

Building on Previous Agreements

The initiative builds upon the 2024 Memorandum of Understanding (MoU), with the center primarily operating in Germany and extending its activities to other European countries. This partnership underscores the commitment of both companies to contribute to Europe's defense infrastructure.

Awaiting Government Approval

The finalization of this deal is contingent upon the approval of the governments of Germany and the United States, marking a critical step towards its implementation.