Key facts
- Rheinmetall sold its civilian power systems unit.
- The sale price was $406 million.
- The divestment deepens Rheinmetall's focus on defense.
Rheinmetall has completed the sale of its civilian power systems unit for a sum of $406 million. This strategic divestment underscores the company's commitment to intensifying its focus on the defense sector. The transaction marks a significant step in reshaping Rheinmetall's business portfolio towards its core defense operations.