US Edition
German Defense Contractor Mulls US Shift After Merz Israel Ban
Renk plans to move production to US facilities if Germany's embargo on military equipment to Israel continues, with Israeli contracts representing 2% to 3% of its business, CEO said.
Summary by Bloomberg
26 Articles
26 Articles
German arms maker shifts production to US to sidestep Israel embargo
Renk, a leading German defense firm, will move production of tank gearboxes for Israel to the US after Chancellor Merz halted arms shipments over Gaza war, a move that drew backlash from within his own party
·Tel Aviv-Yafo, Israel
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After the arms export ban, the German armaments company Renk is sounding the alarm and already has a plan B.
·Berlin, Germany
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In the dispute over German arms exports to Israel, Renk is considering a drastic step. The Augsburg manufacturer wants to produce his gearboxes for Israeli tanks in the USA. Meanwhile, the export stop causes tensions in the Union and with Israel.
Coverage Details
Total News Sources26
Leaning Left4Leaning Right4Center4Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
Factuality
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