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    Schaeffler considers breaking into defence sector, CEO tells German TV

    Picture of Schaeffler AG logoSchaeffler AG
    24/06/2025 09:12
    BERLIN, June 24 (Reuters) - German machine and car parts maker Schaeffler SHA0.DE 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)

 ((friederike.heine@thomsonreuters.com;))

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