Friday, 5 August 2016

BMC, Rheinmetall and Etika Strategi form a joint venture for armored vehicles development

Armoured Vehicles manufacturers from Turkey, Germany and Malaysia to establish partnership to expand their markets. BMC, Rheinmetall AG and the Malaysian company Etika Strategi announced their intention to form a Turkey-based joint venture with a view to cooperation in armored vehicles solutions. This joint venture will mainly focus on wheeled and tracked armored vehicles, the companies said.

The deal could mean Rheinmetall may partner with BMC in Turkey’s multibillion-dollar contract for the production of hundreds of next-generation main battle tanks the Altay (Photo Otokar)
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