Germany's Rheinmetall Plans to Establish ATACMS and Patriot PAC-3 Missile Production in Europe

militarnyi.com

Germany's Rheinmetall Plans to Establish ATACMS and Patriot PAC-3 Missile Production in Europe

militarnyi.com

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Europe@feddit.orgEnglish · 13 hours ago

Rheinmetall Plans to Establish ATACMS and Patriot PAC-3 Missile Production in Europe - Militarnyi

militarnyi.com

The German company Rheinmetall, in collaboration with the American Lockheed Martin, plans to establish large-scale production of ATACMS and Patriot PAC-3 missiles in Europe

The German company Rheinmetall, in collaboration with the American Lockheed Martin, plans to establish large-scale production of ATACMS and Patriot PAC-3 missiles in Europe.

[…]

As Rheinmetall’s CEO Armin Papperger explained, negotiations are currently underway to create a joint venture, in which his company intends to acquire a 60-percent stake.

[…]

According to the CEO of Rheinmetall, the production line will be ready in 12-13 months. Final assembly will also take place there. Research and development work will be carried out jointly with Lockheed Martin, which means that intellectual property rights will also be based in Europe.

[…]

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