EU member states have agreed to buy U.S. interceptor missiles for Ukraine’s Patriot air-defense systems at a total cost of €3.2 billion. The funds will come from the EU’s €90 billion loan. The political decision has already been taken; technical work to release the money is expected to be completed...
Volkswagen plant in Germany to be converted for air defence production
German carmaker Volkswagen has signed an agreement to convert its factory in Osnabrück, Lower Saxony, from car manufacturing to the production of air defence system components. It is the first time an automobile plant in Germany is being turned into a defence industry site. Under the deal announced on Monday,...