Against the backdrop of an upturn in the defense industry, Continental and Rheinmetall have signed a letter of intent to cooperate. The aim of the agreement is to partly cover Rheinmetall’s fast-growing personnel requirements in the coming years with Continental employees affected by the transformation. Rheinmetall expects sales growth of up to 40 percent in the current fiscal year alone compared to the previous year, with correspondingly high personnel requirements in the longer term.
