DUESSELDORF, Germany (Reuters) -German defence contractor Rheinmetall said on Thursday it plans to sign a preliminary agreement in Hamburg later in the day to build a new ammunition factory in an as-
Rheinmetall to Finalize Agreement for New NATO Ammunition Factory
Rheinmetall's Expansion in Ammunition Production
DUESSELDORF, Germany (Reuters) -German defence contractor Rheinmetall said on Thursday it plans to sign a preliminary agreement in Hamburg later in the day to build a new ammunition factory in an as-yet unspecified NATO member state.
Background on Arms Production in Europe
European states have been boosting arms and ammunition production capacity since Russia's invasion of Ukraine in 2022.
Recent Developments in Germany
Rheinmetall last month opened a new ammunition plant in northern Germany, which is set to become Europe's largest at full capacity, saying at the time that similar factories could be built in other NATO countries.
(Reporting by Matthias InverardiWriting by Ludwig BurgerEditing by Rachel More)
