RHEINMETALL AG in Infrared Search & Track (IRST) System

The company mainly supplies defense equipment and automotive components for German and international armed and security forces. The company offers various IRST systems through its defense segment and more than 50% of the company’s revenue is generated through this segment. The company offers various IRST systems for land and naval platforms. These include FIRST: Fast InfraRed Search and Track system and FIRSTnavy: Fast Infrared Search and Track Reconnaissance Sensor. The company has excellent product distribution, very good scalability and breadth of offerings, but has comparatively less features/functionality and delivery & support. Source: Press Releases, Investor Presentations, Experts’ Interviews, and MarketsandMarkets Analysis