Rheinmetall Buys Luerssen: Tanks to Ships
Update: 2025-09-14
Description
Rheinmetall, the German tank giant, is diving into naval shipbuilding by acquiring Naval Vessels Luerssen in a major deal fueled by rising European military spending. This acquisition, expected to finalize next year, will broaden Rheinmetall's defense portfolio, offering high-tech naval solutions and potentially offsetting recent sales dips. The move positions Rheinmetall as a leading European defense tech provider, while NVL gains access to greater resources for larger projects, pending regulatory approval.
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