Rheinmetall Defence and Lockheed Martin have entered into a Memorandum of Understanding (MoU) to collaborate on a rocket artillery system for the German Armed Forces. This system aims to maximize existing and combat proven components. Under this collaboration, the companies will explore potential joint opportunities in areas such as research and development, production and other activities.
“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”, says Armin Papperger, Chief Executive of Rheinmetall AG. “For Germany and Rheinmetall, the agreement offers the chance to secure key technologies and a significant share in the value added chain for Germany.”
“Lockheed Martin looks forward to collaborating and optimizing our combined resources to meet an immediate need for deterrence,” said Lockheed Martin Vice President of Tactical Missiles, Paula Hartley. “This is another step in our partnership with Rheinmetall bringing 21st Century Security solutions to Germany.”
Dorothee Frank, Head of editorial team