Volkswagen in Talks With Israel's Defense Company Over Osnabruck Plant, FT Says, Citing Sources
-- Volkswagen is negotiating a deal with Israel's Rafael Advanced Defence Systems to switch production at its Osnabruck plant in Germany from cars to components of missile defense systems, the Financial Times reports, citing unnamed sources.
-- If the plan goes ahead, Osnabruck would make various parts for the Israeli state-owned group's Iron Dome air defense system, including the heavy-duty trucks that carry the system's missiles as well as launchers and electricity generators, FT writes.
-- The German government is actively backing the proposal and production could start within 12-18 months if employees agree to switch production to defense components, FT says.
-- Volkswagen didn't immediately reply to a request for comment from FT.
Full story: https://tinyurl.com/2s4z75kf
Write to Cristina Gallardo at cristina.gallardo@wsj.com
(END) Dow Jones Newswires
March 24, 2026 13:50 ET (17:50 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
2 Undervalued Stocks to Buy Before They Rebound
United States