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Franco-German defense joint venture wins German nod

( April 4, 2025, 09:57 GMT | Official Statement) -- MLex Summary:  KNDS, Rheinmetall Landsysteme and Thales Six GTS France, have obtained German competition clearance to create a joint venture for the development of a modular "Main Ground Combat Systems" battle tank, the watchdog said today. The authority concluded that the companies are in competition with other strong businesses in the development and production of armored combat vehicles. MGCS-Project company will have its headquarters in Germany and its customers will be the French and German governments. Statement follows. ...

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