European Defense Sector

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

Leonardo to set up aerostructures joint venture by mid-year

ROME — Italian defense giant Leonardo aims to set up its long planned aerostructures joint venture with an unnamed partner by June,…

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