What Happened
German Defense Contractors Clear Regulatory Hurdle for Joint Bid
German antitrust authorities have cleared the creation of a joint venture in electronic warfare involving Hensoldt, Rohde & Schwarz, Plath, and General Dynamics. The approval removes a key regulatory hurdle, allowing the partners to bid jointly on an upcoming Bundeswehr tender for electronic warfare systems. Hensoldt’s order book has passed €10 billion, with the company reaffirming its 2026 guidance. This development was reported by Unknown Source.