KNDS to acquire Görlitz manufacturing site of Alstom.

KNDS, a European military land systems manufacturer, agreed to acquire Görlitz manufacturing site of Alstom, a multinational rail transportation company. Financial terms were not disclosed. "With the new Görlitz location in the KNDS production network, we are expanding our capacities with a highly specialized production facility. In Görlitz, we have access to exceptionally well-trained specialists who enable us to manufacture high-quality assemblies for our vehicles. We look forward to the new team and to shape the future together here at the site," Florian Hohenwarter, KNDS COO.