Egypt - NVL Egypt, a subsidiary of German shipbuilding group NVL, has begun the production phase for a programme to build ten PV43-M naval vessels in cooperation with Alexandria Shipyard, the company ...

NVL Egypt, a subsidiary of NVL, started the production of the PV43-M naval shipbuilding program in September as per schedule. The ten new vessels are well suited for surveillance and reconnaissance as ...

Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) agreed to purchase Luerssen Group’s naval ship division, NVL, as part of its strategy to expand in Europe and capitalize on rising defense budgets. The deal, ...

Rheinmetall AG will acquire Bremen-based Naval Vessels Lürssen B.V. & Co. KG from Lürssen Group, a move that positions the defense giant to expand its maritime ammunition offerings. The transaction ...

Investing.com-- Rheinmetall AG (ETR:RHMG) said on Sunday it has reached an agreement to buy Naval Vessels Lürssen (NVL), the military shipbuilding arm of Germany’s Lürssen Group. The deal is subject ...

STORY: Rheinmetall has reached an agreement to acquire ship builder Luerssen Group's warship division, NVL. The German defense firm is Europe's largest maker of ammunition and is seeking to expand its ...

Rheinmetall paid 4.5 EBITDA multiple, CEO Papperger says Deal comes as German naval sector consolidates Rheinmetall shares rise 1.6% BERLIN/FRANKFURT, Sept 15 (Reuters) - Rheinmetall (RHMG.DE), opens ...

BERLIN/FRANKFURT (Reuters) - Rheinmetall has agreed to buy Luerssen Group's warship division, NVL, as the German defence group seeks to expand in Europe and tap increased military spending across the ...

Rheinmetall, a German defence group, announced on Sunday that it had signed an agreement with Luerssen Group for the acquisition of Naval Vessels Luerssen's military division. The move was intended to ...

Nvidia has taken the wraps off a new purpose-built GPU along with a next-generation platform specifically targeted at massive-context processing as well as token software coding and generative video.