Rheinmetall (RHM GY) and Destinus are planning a joint venture to manufacture and market missile systems on a large scale, Handelsblatt reports
- The JV is to be founded in H2 2026, with the German company holding a 51% stake and its Dutch partner Destinus holding 49%
- The programme will include cruise missiles and ballistic rocket artillery.
- The offering is aimed at NATO member states and a broad international market.
Context
Rheinmetall's joint venture with Destinus to manufacture missile systems marks a strategic move toward bolstering defense capabilities amid increasing geopolitical tensions. This venture, particularly its focus on NATO member states and an international market, could enhance Rheinmetall's portfolio and elevate demand within the defense sector, potentially impacting equities in this space positively.
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