Acquisition perfect: The German armaments group Rheinmetall has increased its stake in digitalization specialist Blackned and now holds 51 percent.
According to a According to a report in the Handelsblatt the share had previously been 40 percent. The German Federal Cartel Office announced an application filed by Rheinmetall Electronics GmbH application for the acquisition of shares and control.
Militär Aktuell Podcast #1: Rheinmetall Skyranger schießt scharf
Blackned aims to drive forward the digitalization of armed forces, particularly with its Tatical Core, and currently employs around 200 people. Rheinmetall hopes that the acquisition will enable it to further expand its own digitalization offering. Just recently, the two companies jointly won a order worth 1.2 billion euros from the German armed forces landed by the German armed forces. This involves the integration of the IT systems of all vehicle and platform systems of the land forces as part of the large-scale project “Digitalization Land-Based Operations” (D-LBO). Rheinmetall accounts for around 730 million euros of the contract volume, with the remainder going to Blackned.
Here for further reports on Rheinmetall.
