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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| Rheinmetall will hold a 51% share in the new company, with the remaining 49% held by FRAEN Corporation (Picture source: Rheinmetall) |