Unique Tailored Solution for Germany
Rheinmetall Defence and Lockheed Martin have inked an MoU to collaborate on tailored solutions for a unique rocket artillery system for Germany, maximising existing, combat-proven components and manufactured in Germany. The companies are set to explore potential joint opportunities including, but not limited to, R&D and production.
“For us, the letter of intent signed today is an agreement of strategic significance. The combination of Lockheed Martin’s proven capabilities and extensive know-how with Rheinmetall’s experience in fabrication and production opens unique opportunities for both sides […] For Germany and Rheinmetall, the agreement offers the chance to secure key technologies and a significant share in the value-added chain for Germany,” observed Armin Papperger, Rheinmetall AG Chief Executive.
“Lockheed Martin looks forward to collaborating and optimizing our combined resources to meet an immediate need for deterrence[…] This is another step in our partnership with Rheinmetall, bringing 21st-century security solutions to Germany,” added Lockheed Martin VP of Tactical Missiles, Paula Hartley.
