Rheinmetall, Raytheon to cooperate in defense technology
FRANKFURT German and U.S. defense groups Rheinmetall (RHMG.DE) and Raytheon (RTN.N) have signed a memorandum of understanding to cooperate globally on defense technology, they said in a joint statement on Friday. The partnership should bring together Raytheon’s market-leading position in air-defense systems and guided missiles with Rheinmetall’s expertise in combat and defense systems, army weapons and munitions, they said. (Reporting by Georgina Prodhan; Editing by Maria Sheahan) […]