Rheinmetall, Raytheon to cooperate in defence technology
FRANKFURT, Feb 17 (Reuters) - German and U.S. defence groups Rheinmetall and Raytheon have signed a memorandum of understanding to cooperate globally on defence technology, they said in a joint statement on Friday.
The partnership should bring together Raytheon's market-leading position in air-defence systems and guided missiles with Rheinmetall's expertise in combat and defence systems, army weapons and munitions, they said.
(Reporting by Georgina Prodhan; Editing by Maria Sheahan)
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