Volkswagen signs deal to turn factory into Israeli defence hub | The National (2026-09-07)
https://www.thenationalnews.com/news/europe/2026/09/07/volkswagen-signs-deal-to-turn-factory-into-israeli-defence-hub/
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>> Israel’s Aurelius Capital is to take over a Volkswagen factory in Germany, repurposing the site to manufacture military equipment with Rafael Advanced Defence Systems.
>> “These plans involve the potential manufacture of systems and components for air defence systems for Germany and Europe,” Volkswagen said, adding the co-operation could pave the way for further such deals.
>> Under the initial terms of the deal, Volkswagen will sell its factory in Osnabrueck to #AureliusCapital as the majority owner alongside the government of Lower Saxony, Volkswagen's home state.
>> Structuring the project without a direct Volkswagen-Rafael partnership may have helped end resistance from the Qatar Investment Authority, …
#VW #RafaelAdvancedDefenceSystems #GermanComplicityInGenocide #palestine@palestine@lemmy.ml @palestine@fedibird.com
