Rheinmetall and Telekom Develop Drone Defense Shield

Rheinmetall and Deutsche Telekom are working together on a drone defense shield, according to multiple reports. The cooperation is seen as a growth opportunity for the defense sector. At the same time, Rheinmetall is facing questions about its revenue and stock performance, with a balance sheet check warning of implementation problems. The company is also in talks with restructuring specialists regarding its automotive supplier division, and it is interested in acquiring no more than 10-15% of the Romanian shipyard Mangalia.