A historic train factory in Germany will help build tanks in future as part of a deal between Franco-German arms group KNDS and French railway manufacturer Alstom on Wednesday. KNDS will complete a ...

Alstom (EPA:ALSO), a leading player in the transportation sector, has finalized a deal to sell its rail manufacturing facility in Goerlitz, Germany, to defense consortium KNDS.

The transformation of the Goerlitz plant, located near the Polish border, into a combat-vehicles plant should be completed in ...