Rheinmetall, Germany’s largest defense contractor, is looking to take over idle Volkswagen plants to expand its production capacity as Europe ramps up military spending. The company has tripled in ...

The munitions will be made at a Thales plant in Northern Ireland. According to the report, the sizeable order signals growth ...

Still, according to European Commission figures, European factories as a whole are operating at less than 80% capacity. And while unemployment stood at a record low in January, more workers might soon ...

Engineered for long-term water storage, plastic tanks are crafted using high-strength materials and expert molding techniques. Factories ensure that each tank is produced with accuracy, delivering ...

Papperger also stated that before investing in a new tank factory in Germany, Rheinmetall would first consider repurposing an existing facility. Volkswagen has not yet confirmed formal ...

Manufacturers of tanks, radar and weapons are aiming to ramp up production as Europe responds to U.S. pressure to take care of its own defences. Carmakers, for decades Germany's economic ...

Industrial output was 0.8% higher in January than a month earlier, while ambitious plans to boost defense investment offer hope that European manufacturers can be lifted out of their torpor.