Takeover of German manufacturer: Rheinmetall re-enters the drone business

Equipping the German Army’s reconnaissance force with new LUNA drones seems to be secured, so a sale of the insolvent German manufacturer EMT to Israel is off the table. The Bundeswehr has also commissioned a study for kamikaze drones, such a system is also offered by Rheinmetall.

Defence contractor Rheinmetall is taking over major parts of insolvent drone manufacturer EMT from Penzberg in Bavaria. This was announced by the company’s Düsseldorf headquarters in a press release this week. The company, founded in 1978 by Hartmut Euer, a graduate engineer, built the LUNA tactical drone for the German armed forces. Originally, Rafael Advanced Defence Systems from Israel was supposed to buy up the company’s bankruptcy assets. This option is now off the table.

Rheinmetall intends to retain the four EMT sites in Bavaria and Schleswig-Holstein and integrate them and their 200 employees into the group structure. The group is thus returning to the drone business. Rheinmetall had developed the KZO („Kleinfluggerät Zielortung“) in the 1990s and sold 61 of these systems to the Army. In 2010, the company also won the contract to fly the Israeli HERON 1 for the Air Force, but gave this contract to EADS-Cassidian two years later. The jointly formed business was merged into the restructured Airbus Group in 2014. „Takeover of German manufacturer: Rheinmetall re-enters the drone business“ weiterlesen