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Rheinmetall has finalised its acquisition of Expal Systems, significantly boosting its ammunition production capacity and strengthening Rheinmetall's position as a NATO supplier and enhancing its product portfolio.
Production of weapons is set to increase, but it may be too slow not just for Ukraine, but also for future conflicts | Briefing
Last Friday, the Budget Committee of the Bundestag (federal parliament) approved the draft bill of the Social Democrat-led Defence Ministry that provides for a massive increase in military spending next year.
Expal Systems' products include the EC-102 artillery fuze. German defence contractor Rheinmetall Group has agreed to acquire Spain-based ammunition manufacturer Expal Systems to expand its production capacity and product offering in an area ...
LONDON (Reuters) -German military equipment manufacturer Rheinmetall said on Sunday it has agreed a deal to acquire Spanish explosives and ammunition ...