Rheinmetall, 4iG and HM EI have signed a preliminary agreement to establish a joint venture. The main objective of the cooperation is to participate in the digitalization of the Hungarian Armed Forces and to achieve the highest level of NATO compatibility.
As the main shareholder, Rheinmetall holds 51%, 4iG 39% and HM EI 10% of the shares in the joint venture. The company will start operations in the second half of 2022.
Rheinmetall will act as a technology provider for components, products, systems, skills and know-how (military simulation, training and digitization). HM El will provide defense IT and infrastructure services, tactical combat management, and systems integration. 4iG will provide IT solutions, cyber defense and software development.