The Power Struggle over the Tank Manufacturer KNDS Before the Planned IPO
There is a significant power struggle involving the European tank manufacturer KNDS as it prepares for its Initial Public Offering, with political interests at play and leadership skepticism towards potential investment from Rheinmetall.
Artillery shells manufactured by an Italian company have reached the Lithuanian army
Lithuania has acquired 155 mm HE L15A1 artillery shells worth 3.6 million euros from KNDS Ammo Italy S.p.A. to enhance its defense capabilities.
Rheinmetall faces competition on the stock market β from the Czech Republic
The European defense industry is thriving, with the Czech defense company Czechoslovak Group announcing a stock market debut following German-French rival KNDS.