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Title : Rheinmetall and FRAEN Corporation announce joint venture to serve US defense market
link : Rheinmetall and FRAEN Corporation announce joint venture to serve US defense market

Rheinmetall and FRAEN Corporation announce joint venture to serve US defense market

Rheinmetall and the FRAEN Corporation have joined forces to establish a joint venture in the United States called Rheinmetall Fraen Fuzes LLC (RFF) which, headed by Rheinmetall, will develop and produce military fuzes. The Düsseldorf, Germany-based technology group will hold a 51 percent share in the new company, with the remaining 49 percent held by FRAEN Corporation. The joint venture will be collocated with FRAEN Corporation headquarters in Reading, Massachusetts.

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href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEggf7ufV4J_EIPzHi3y2hH8XzagROMeaSU5y5hPvBQy1HUE6sOjtPq1FA9XBcVUqvumsTFhSDOOih1-IbTkto3b6nmxOeQu68hHGaExXIysRDsRfju8JxorDJ3w76uBMVtqWwRb54R2l3c/s1600/Rheinmetall+and+FRAEN+Corporation+announce+joint+venture+to+serve+US+defense+market.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"> Rheinmetall will hold a 51% share in the new company, with the remaining 49% held by FRAEN Corporation (Picture source: Rheinmetall)

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