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.

href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkuD2xTZvIV6R-M2lsnl8EcGrX71QG9ih9BB9uyQxA9hpD_ZlrRX6NwhS7A5UuUS6wPOwOJ0hXmKltRjsgYSgaXx8Txjk6O_gqqIsVCn7QOYRFq_B-KiBv_O96UVHlHlLphvzsTlACg3Y/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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