European Defense Giants Unite On Scalable Strike Capabilities
Germany’s Rheinmetall and the Netherlands’ Destinus have announced plans to form a joint venture, Rheinmetall Destinus Strike Systems, to focus on advanced missile systems. The venture will combine Rheinmetall’s production capacities and experience with Destinus’s technology and system design, aiming to meet the increasing demand for scalable strike systems. Rheinmetall will own 51% of the venture, with Destinus holding the remaining 49%. The joint venture is expected to be formed in the second half of 2026, pending regulatory approval, as reported by Breaking Defense.