Strategic Expansion of Partnership

In a significant move to strengthen Europe's defense infrastructure, Rheinmetall AG and Lockheed Martin Corporation have announced an expansion of their partnership. This collaboration aims to extend the scope of their cooperation beyond their 2024 Memorandum of Understanding (MoU), focusing on the manufacturing of rockets and missiles.

Enhancing Europe's Security and Self-Reliance

The companies have outlined their commitment to "enhance the security and self-reliance of Europe" through this initiative. A center of excellence, to be established in Germany under Rheinmetall's leadership, will spearhead operations primarily in Germany and other European countries.

Pending Government Approvals

This ambitious project, however, is contingent upon receiving the green light from the governments of Germany and the United States, marking a critical step towards its realization.