Author: James Paton

Aurelius Capital ManagementAutomobilesDefense and Military ForcesDrones (Pilotless Planes)EuropeFactories and ManufacturingGermanyLabor and JobsLayoffs and Job ReductionsMissiles and Missile Defense SystemsRafael Advanced Defense SystemsVolkswagen AG

Defense Hiring Will Ease, Not End, Pain in European Car Industry

An agreement to turn an ailing Volkswagen factory into a defense manufacturing hub offers hope for jobs. But a shift from “family vans to tanks” in Germany is not so simple.

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