Tuesday, July 30, 2024

German arms manufacturer Rheinmetall, unbowed by reported Russian plot to assassinate the CEO, announces order for ammo factory in Ukraine

Good news!

"Key facts
  • Rheinmetall and Ukraine plan to set up joint venture to produce 155mm artillery ammunition
  • Annual production of a six-digit number of shells
  • Rheinmetall will have a 51 percent stake in the new company, with remaining 49 percent share held by Ukrainian Partner ...
"

Rheinmetall, unbowed by reported Russian plot, announces order for ammo factory in Ukraine - Breaking Defense "“We are putting our words into action and together with our partner we will create a Ukrainian competence centre for ammunition," said Rheinmetall CEO Armin Papperger, who was purportedly targeted for assassination."

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