Date: Issue 62 - June 2015
Rheinmetall and Turkish defence contractor MKEK have signed a memorandum of understanding paving the way for extensive cooperation between the two groups. The partners plan to establish a joint venture in Turkey whose mission will be the development of new forward-looking products in the field of weapons systems and munitions.
Rheinmetall will organize operational management of the new company, to be known as “Rheinmetall MKEK Technologies”. Besides joint development of new products, MKEK will be in charge of manufacturing.