Lockheed Martin, Rheinmetall Advance ATACMS Co-production In Europe

Lockheed Martin signed an MoU with Rheinmetall to produce munitions locally in Europe. The deal supports an incremental shift toward local European supply for defense production, which is modestly positive for both companies’ positioning in the region, though details on scale and timing were not provided.

Analysis

Lockheed Martin signed an MoU with Rheinmetall to produce munitions locally in Europe. The deal supports an incremental shift toward local European supply for defense production, which is modestly positive for both companies’ positioning in the region, though details on scale and timing were not provided.