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Economy

Rheinmetall acquires Naval Vessels Lürssen to enhance naval defense

"Breaking: Rheinmetall acquires Naval Vessels Lürssen to strengthen naval defense capabilities. Learn how this deal, expected to close by early 2026, reshapes the defense sector."

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Rheinmetall acquires Naval Vessels Lürssen to enhance naval defense
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German arms manufacturer Rheinmetall has acquired German shipbuilder Naval Vessels Lürssen in a move aimed at enhancing its naval defense capabilities. The acquisition, which is pending approval, will incorporate Lürssen’s frigates, corvettes, and shipyards into Rheinmetall’s portfolio. The deal is expected to close by early 2026, establishing a "naval powerhouse" in the defense sector.

This acquisition comes as Rheinmetall seeks to strengthen its position in the naval defense market amidst increasing global security concerns. The integration of Lürssen"s assets is anticipated to bolster Rheinmetall"s capabilities in producing advanced naval vessels.

For more on recent developments in the political landscape, see our coverage on Trump"s defamation lawsuit against The New York Times.

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