FRANKFURT German and U.S. defence groups Rheinmetall (RHMG.DE) and Raytheon (RTN.N) have signed a memorandum of understanding to cooperate globally on defence technology, they said in a joint statement on Friday. <\/p>\n
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. <\/p>\n
Raytheon is looking to expand in Europe, with missile bids in Poland and Germany, and wants to take part in an anticipated buildup of spending by NATO. <\/p>\n
U.S. President Donald Trump has warned NATO allies they must honour military spending pledges to ensure the United States does not \"moderate\" support for the alliance. <\/p>\n
(Reporting by Georgina Prodhan; Additional reporting by Andrea Shalal in Munich; Editing by Maria Sheahan) <\/p>\n
TOKYO S&P Global Inc said in a report on Friday it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent. <\/p>\n
SAN FRANCISCO Facebook Inc Chief Executive Mark Zuckerberg laid out a vision on Thursday of his company serving as a bulwark against rising isolationism, writing in a letter to users that the company's platform could be the \"social infrastructure\" for the globe. <\/p>\n
MUMBAI Apple Inc will in the coming months start assembling its lower-priced iPhone SE models at a contract manufacturer's plant in the southern Indian technology hub of Bengaluru, an industry source with direct knowledge of the matter said on Friday. <\/p>\n
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Rheinmetall, Raytheon to cooperate in defence technology - Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" FRANKFURT German and U.S. defence groups Rheinmetall (RHMG.DE) and Raytheon (RTN.N) 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. Continue reading