The United Kingdom seeks to strengthen its partnership with the unmanned aerial system industry as part of its new strategy to provide its armed forces with drone capabilities in an accelerated manner. Under the U.K. Defence Drone Strategy, the British government will invest $5.71 billion over the next decade to speed up the experimentation, testing...
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February 26, 2024March 7, 2024Europe, General News, Geopolitical Issues, Investment Security, National Security, Press Releases
Rheinmetall to Produce Ammunition for Ukraine Under New Joint Venture
A Ukrainian company has signed a memorandum of agreement with German arms manufacturer Rheinmetall to establish a joint venture that will produce and supply ammunition to Ukraine. Called Ukrainian Competence Center for Ammunition, the new company will manufacture a six-digit number of 155 mm caliber bullets annually in an artillery ammunition plant Rheinmetall will build...