Defense Market

Defense Industry

Rheinmetall sells struggling auto division to focus on defense

BERLIN — Germany’s Rheinmetall will sell its struggling automotive unit to Munich-based investment firm Aequita for about €350 million ($406…

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Air Force

Joby, L3Harris fly autonomous electric aircraft, eye defense market

Joby Aviation and L3Harris Technologies said Wednesday they have conducted their first test flight of an autonomous hybrid vertical takeoff and…

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