Rheinmetall, MKEK of Turkey forming joint venture company

May 6, 2015 7:25 PM

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The creation of a joint venture company comes under a memorandum of understanding signed that paves the way for extensive cooperation between the two.

"Operational management of the new company, to be known as Rheinmetall MKEK Technologies, will be organized by Rheinmetall," the German company said. "Besides joint development of new products, MKEK will be in charge of manufacturing.

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