India, June 18 -- Rheinmetall AG (RNMBF.PK) on Thursday said it has signed a memorandum of understanding with Vantor to create satellite-based military intelligence capabilities for Germany and other European countries.
The companies plan to form a joint venture in Germany to provide a platform that combines images from satellites and drones with mapping data to give armed forces a detailed picture of battlefield conditions.
The system is intended to support Germany's defence requirements as well as European intelligence, surveillance and reconnaissance programs. It will help military commanders carry out tasks such as mission planning, targeting, battle damage assessment, monitoring operations and command-and-control activities.
Under t...