Search

Rheinmetall Vertically Integrated In The U.S. After Completing Acquisition Of Loc Performance

Rheinmetall Vertically Integrated In The U.S. After Completing Acquisition Of Loc Performance
Photo: American Rheinmetall Vehicles

German arms developer and manufacturer Rheinmetall on Monday said it has completed its acquisition of Michigan-based Loc Performance Products, significantly expanding its U.S. presence base and adding production capabilities to better compete for Defense Department military vehicle programs. Before the acquisition, Rheinmetall’s contingent of about 300 U.S. employees were mostly focused on design activities whereas Loc Performance adds more than 1,000 workers and “is really focused on heavy metal bending,” Matt Warnick, managing director for American Rheinmetall Vehicles, told Defense…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]


House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]


Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]


Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]