Rheinmetall (RHM GY) and Destinus are planning a joint venture to manufacture and market missile systems on a large scale, Handelsblatt reports
Importance
Level 1
- 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.