DüSSELDORF, Germany, Dec. 5 (UPI) -- Germany-based defense contractor Rheinmetall is launching a joint venture with family-owned enterprise Day & Zimmerman.
The two companies will each have a 50 percent stake in the joint venture, which will focus on developing medium-caliber ammunition for the U.S. market. Products will include 25mm ammunition for the Lockheed Martin F-35 joint strike fighter.
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