German defence giant Rheinmetall is to produce missiles designed by US aerospace firm Lockheed Martin, the two firms announced on Tuesday, marking the first time the weapons will be produced in Europe. #EuropeNews

If implemented, both projects could free up capacity at Raytheon and Lockheed Martin factories in the United States and enable the US defense giants to ramp up production at home.

Joint venture between Rheinmetall and Lockheed Martin will establish a European manufacturing hub for the long-range tactical missile

The United States is discussing missile co-production with European allies. Germany and other nations are considering a maintenance facility for Patriot missiles. These projects…