My dears,
Siemens is moving more and more into the growth sectors. That's why I remain invested.
AI and defense can also be played via rather boring stocks.
Until now, Siemens has always kept a very low profile when it comes to defense. Research by WELT AM SONNTAG now shows that both Siemens and Siemens Healthineers are cooperating with Rheinmetall.
The technology group Siemens and its spun-off medical technology subsidiary Siemens Healthineers are cooperating with the armaments company Rheinmetall on several projects.
Rheinmetall admitted this on the basis of research by WELT AM SONNTAG. According to Rheinmetall, Siemens has "contributed to the automation of various production facilities" at the plants in Weeze and Neuss in North Rhine-Westphalia. Rheinmetall manufactures fuselage parts for the F-35 fighter jet at the plant in Weeze.
Siemens does not wish to comment on the cooperation with Rheinmetall. The company stated that it is a "long-term technology partner to the aerospace and defense industry". Siemens also stated that it maintains "business relationships with the ten largest Western defense companies, including BAE Systems, Boeing, Lockheed Martin, Rolls-Royce, Northrop Grumman and Airbus".
Companies are keeping a low profile
The company is unable to provide any information on specific contracts due to confidentiality clauses. Siemens emphasizes that it does not manufacture any armaments itself.
The medical technology group Siemens Healthineers also cooperates with Rheinmetall. Rheinmetall told WELT AM SONNTAG that "among other things, various containers" of its mobile cash hospitals are "equipped with CT and X-ray machines from Siemens Healthineers".
Rheinmetall would not provide any further details. Siemens Healthineers did not wish to comment on its deliveries to Rheinmetall.
