DAH to invest in Deutsche Aircraft.

DAH, a joint venture between the companies OHB, a German space and technology group, and AFK Enterprise, an industrial arm of the AFK Kumar, agreed to invest in Deutsche Aircraft, a German aircraft manufacturer. Financial terms were not disclosed. "With this investment, we are significantly strengthening our aerospace division. In addition to the current project, OHB intends to strategically develop further joint businesses in Europe, the USA and the Middle East with its partners , also beyond aeronautics, with initial projects in the areas of defense and space already being discussed," Lutz Bertling, OHB Member of the Management Board.