Rheinmetall, Anduril Team Up to Jointly Produce Defense Systems for Europe

Germany's Rheinmetall RHM -1.79%decrease; red down pointing triangle and U.S. startup Anduril Industries are teaming up to jointly develop and produce defense systems for Europe, the latest trans-Atlantic partnership to emerge as the continent seeks to ramp up spending on its security.
The partnership will start with the development of European variants of Anduril's Barracuda missiles and Fury autonomous air vehicle into Rheinmetall´s digital sovereignty framework, the companies said Wednesday.

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