The conversion of civilian plants to military use does not offer much more hope. In the East German town of Görlitz, a former Alstom train factory was taken over by the German-French defense company ...

For three generations, the Liebigs have made a living building double-decker railcars in the easternmost German town of Görlitz. But those who come after Carsten Liebig will now build weapons ...

The crossover is no longer theoretical. In Görlitz, a town on Germany’s eastern border with Poland, Franco-German defense group KNDS recently announced, flanked by Chancellor Olaf Scholz, that ...

Other German defense companies are also repurposing industrial sites. KNDS Deutschland (formerly KMW) is converting the Alstom railcar plant in Görlitz to manufacture armored hulls and components for ...

Rheinmetall’s operating profit in its weapons segment nearly doubled to €339 million ($368 million) in the first nine months of 2024, while its automotive business declined by 3.8% to €74 ...

Last month Franco-German tank maker KNDS agreed to take over and convert a train-making factory from Alstom in the eastern town of Görlitz to produce parts for battle tanks and other military ...

In a report released today, Nick Green from Bernstein maintained a Hold rating on Alstom SA (0J2R – Research Report), with a price target of €24.00. The company’s shares closed yesterday at ...

5 February , 2025 – The negotiations between Alstom and KNDS Deutschland GmbH & Co. KG (KNDS) about the Görlitz site have reached an important milestone. On 5 February, 2025, both sides signed a ...

First staff takeovers and start of production at KNDS already planned for 2025 5 February , 2025 – The negotiations between Alstom and KNDS Deutschland GmbH & Co. KG (KNDS) about the Görlitz site have ...

Feb 5 (Reuters) - French train maker Alstom (ALSO.PA), opens new tab has agreed to sell its Görlitz plant in Germany to defence equipment maker KNDS, the companies said on Wednesday. KNDS will ...

5 February, 2025 - The negotiations between Alstom and KNDS Deutschland GmbH & Co. KG (KNDS) about the Görlitz site have reached an important milestone.