2 sources · first reported 6d ago
General Dynamics European Land Systems has agreed to acquire the Faurecia plant in Augsburg, Germany, to expand vehicle production for the EAGLE and PIRANHA programmes. The acquisition is part of GDELS' efforts to increase its production capacity in Germany. The plant will support the production of EAGLE and PIRANHA vehicles.
The acquisition expands GDELS' production capacity in Germany, supporting the growth of its vehicle programmes, including EAGLE and PIRANHA. This move strengthens GDELS' position in the European defence industry.
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