(Reuters) -German offset printing presses maker Heidelberger Druckmaschinen will enter into the defence sector through a cooperation deal with defence tech specialist Vincorion, it said in a statement
Heidelberger Druckmaschinen Partners with Vincorion to Enter Defence Industry
(Reuters) -German offset printing presses maker Heidelberger Druckmaschinen will enter into the defence sector through a cooperation deal with defence tech specialist Vincorion, it said in a statement on Tuesday.
Vincorion, headquartered near Hamburg, develops, among other things, an emergency power generator for the Eurofighter, Europe's flagship fighter jet.
Heidelberger said it will be "developing, industrializing, and building power control and distribution systems for Vincorion" as part of a memorandum of understanding spanning several years that was agreed by the two.
"In this way, the two companies will help boost technological sovereignty and safeguard domestic value chains," it added.
(Reporting by Paolo Laudani in Gdansk, Editing by Miranda Murray)
