Category: M&A
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Rheinmetall and VMZ form €1 billion JV to build artillery shell plant in Bulgaria
Project will produce 155 mm artillery shells by 2027 for NATO and EU states, bolstering Eastern Europe’s industrial capacity. German defence group Rheinmetall and Bulgarian state-owned VMZ (Vazovski Mashinostroitelni Zavodi)…
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Helsing acquires underwater drone maker Blue Ocean
Deal combines Helsing’s AI with Blue Ocean’s hardware to scale maritime autonomy. Helsing, the German defence technology company known for its AI defence systems, has agreed to acquire Blue Ocean,…
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