Rheinmetall and Raytheon have signed a MoU to cooperate globally on defence technology

News Hour:

German and U.S. defence groups Rheinmetall and Raytheon have signed a memorandum of understanding to cooperate globally on defence technology, they said in a joint statement on Friday.

The partnership should bring together Raytheon’s market-leading position in air-defence systems and guided missiles with Rheinmetall’s expertise in combat and defence systems, army weapons and munitions, they said, reports Reuters.

Raytheon is looking to expand in Europe, with missile bids in Poland and Germany, and wants to take part in an anticipated buildup of spending by NATO.

U.S. President Donald Trump has warned NATO allies they must honour military spending pledges to ensure the United States does not “moderate” support for the alliance.

News Hour Correspondent

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments

Translate this News

Join the Facebook Group

Click here to join the Facebook group of News Hour

Popular Posts

Ukraine battles forest fire in Chernobyl nuclear zone
The SARS-CoV-19 outbreak, a global threat
Bangladesh PM unveils Tk 72,750 crore package to overcome Covid-19 impact
Boris Johnson still in hospital with persistent coronavirus symptoms
Gonoshasthaya Kendra claims to develop cheaper and faster COVID-19 detection kit
Maeve Townsend, granddaughter of Robert F. Kennedy missing in Chesapeake Bay with her son

Advertisement

News of the Month

February 2017
S M T W T F S
 1234
567891011
12131415161718
19202122232425
262728  
Scroll Up
%d bloggers like this: