Schaeffler considers breaking into defence sector, CEO tells German TV
Published by Global Banking & Finance Review®
Posted on June 24, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 24, 2025
1 min readLast updated: January 23, 2026
Schaeffler is considering entering the defence sector, leveraging its automotive expertise to supply various weapons systems, CEO Klaus Rosenfeld announced on German TV.
BERLIN (Reuters) -German machine and car parts maker Schaeffler is considering breaking into the defence sector, CEO Klaus Rosenfeld told the RTL and NTV broadcasters on Tuesday.
Rosenfeld said "core competences, some of which have been shaped in the automotive supplier industry over the years, are in demand" in the defence sector, and that Schaeffler could "make contributions as a supplier for various weapons systems, whether on land, in the air or at sea."
(Writing by Friederike Heine, Editing by Miranda Murray)
Schaeffler is considering breaking into the defence sector.
The CEO of Schaeffler is Klaus Rosenfeld.
Rosenfeld mentioned that core competences from the automotive supplier industry are in demand in the defence sector.
Klaus Rosenfeld spoke to RTL and NTV broadcasters.
The move could allow Schaeffler to make contributions to the defence sector based on its existing competencies.
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