in

Rheinmetall-Fraen Joint Venture to Focus on Military Fuze Production

Rheinmetall-Fraen Joint Venture to Focus on Military Fuze Production - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Rheinmetall-Fraen Joint Venture to Focus on Military Fuze Production - top government contractors - best government contracting event

Rheinmetall and metal components producer Fraen have formed a joint venture that will develop and manufacture military fuzes in the U.S.

Rheinmetall said Monday it will own a 51 percent stake in Rheinmetall Fraen Fuzes and Fraen will hold the remaining 49 percent share in the new JV.

The formation of RFF JV supports Rheinmetall’s continued expansion in the U.S. defense technology market and backs the company’s strategy to secure procurement orders in the U.S. weapon and ammunition sector.

Darren Klein will serve as CEO of RFF, which will be collocated with Fraen’s Reading, Mass.-based headquarters.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Technology

mm

Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

DoD Seeks Tools to Reduce Civilian Casualties During Airstrikes - top government contractors - best government contracting event
DoD Seeks Tools to Reduce Civilian Casualties During Airstrikes
Attila Security's GoSilent Data Security Platform Fulfills NIAP Requirements - top government contractors - best government contracting event
Attila Security’s GoSilent Data Security Platform Fulfills NIAP Requirements