Lockheed Martin and Rheinmetall plan first ATACMS missile production in Europe
AI Summary
Lockheed Martin and Rheinmetall are teaming up to produce Advanced Tactical Missile System (ATACMS) missiles in Europe for the first time, a significant move that underscores the growing European defense industry. This partnership aims to bolster European defense capabilities amid rising geopolitical tensions. The decision also highlights a strategic shift to localize advanced military production, reducing reliance on traditional suppliers and enhancing self-sufficiency in critical defense technologies.
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