Britain and Germany will on Thursday vow to work more closely to sell jointly made weapons, including Typhoon jets, in a deal ...

The German family shareholders of KNDS NV are looking to reduce their ownership in the European tankmaker through either a public listing or stake sale, as investor interest in defense companies grows ...

The business unit called Power Systems is suffering due to the crisis in the automotive supplier sector. The division posted 2 billion euros ($2.32 billion) in revenue for fiscal 2024 with an ...

Germany's Rheinmetall is holding talks with several potential bidders for its Power Systems auto supply business, the company said on Wednesday after newspaper Handelsblatt reported it was speaking to ...

Airbus and Kratos team up to deliver a Valkyrie-based uncrewed combat aircraft for the German Air Force by 2029.

Germany's Rheinmetall is speaking with financial investor One Equity Partners (OEP) about a possible takeover of its auto ...

North Atlantic Treaty Organisation (NATO) member Sweden will be on the receiving end of South African manufactured 155 mm Assegaai artillery rounds and charges as part of the Scandinavian country’s ...

It seems to be all systems go for the government’s support of Denel. The Department of Defence (DOD) is now the custodian of the state-owned defence manufacturer. The Minister of Defence and Military ...

Germany is Europe’s leading country for tank manufacture and until this month was committed to the Franco-German Main Ground Combat System (MGCS) which included tanks and other vehicles. Earlier this ...

Rheinmetall unveiled the TGS-MIL Protected military truck, which has undergone a number of improvements, including an armored ...