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Volkswagen turns Osnabrück plant into defense hub
Volkswagen has reached a preliminary agreement to convert the historic Osnabrück factory in Germany into a center for military and defense equipment manufacturing, with support from Israel. Aurelius Capital and the government of Lower Saxony will contribute to acquiring the majority stake in the factory, aiming to prevent its closure following the cessation of automobile production. The project focuses on manufacturing components for air defense systems, such as launch platforms and heavy vehicles, in collaboration with companies like German firm Rafael and Polish manufacturer MAN, with the goal of boosting defense production within Germany and protecting Europe. There is also a plan to develop support equipment for the Iron Dome system, without manufacturing the rockets themselves.
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