German Government Calls For More Warship Mergers
German Government Calls for More Warship Mergers Maritime Activity Reports, Inc. © Björn Wylezich / Adobe Stock More tie-ups and mergers are needed in the warship industry, the German government said on Monday, adding it would play an active role in consolidation in what remains a fragmented sector shaped by political decisions. Cooperation must be intensified in the industry in northern Europe, Norbert Brackmann, the German government's coordinator for maritime economy issues, told a conference, adding further consolidation was necessary and expected. "That's why we have proactively suppor...