Rheinmetall and Lockheed Martin have inked a Memorandum of Understanding (MoU) to provide Germany with a rocket artillery system.
Under this collaboration, the companies will explore potential joint opportunities in areas such as research and development, production and other activities.
“For us, the letter of intent signed today is an agreement of strategic significance. The combination of Lockheed Martin’s proven capabilities and extensive know-how with Rheinmetall’s experience in fabrication and production opens unique opportunities for both sides”, declares Armin Papperger, chief executive of Rheinmetall AG.
“For Germany and Rheinmetall, the agreement offers the chance to secure key technologies and a significant share in the value added chain for Germany,” he added.
Lockheed Martin produces the Hi Mobility Artillery Rocket System (HIMARS) which can launch guided artillery rockets for as long as 130 kms. The HIMARS system has been sold to several of America's allies and has been donated to Ukraine as part of U.S. Military aid.