Rheinmetall awarded contract to produce ammo for PUMA infantry fighting vehicles

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The military budgets of NATO’s European nations and Canada increased to an estimated 1.73% of gross domestic product in 2020, up from 1.55% in 2019, the alliance said in an annual report released on Tuesday. […]

The German federal government approved a new round of financing to support the financially troubled MV Werften shipyard with operations in Wismar, Warnemunde, and Stralsund, Germany. The shipyard had been facing bankruptcy since its operations […]