Home Stocks Rheinmetall is said to plan converting car-part plants for defense

Rheinmetall is said to plan converting car-part plants for defense

by Deidre Salcido
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Markus Volk

Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) plans to convert two factories in Germany from making automotive parts to mostly producing defense equipment, Reuters reported Monday. The plan comes amid an expected jump in defense spending after U.S. President Donald Trump implored European countries

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