In February 2021 and under the "ONE Rheinmetall" strategy programme, Rheinmetall AG announced that the existing split of the wider Rheinmetall Group into two separate entities, Automotive and Defence, would cease. While no exact timeline was given, Rheinmetall has tasked Goldman Sachs to assist it in the process, with initial results to be submitted for review by the board in the first half of 2021. The existing Automotive and Defence units will be replaced with five business divisions, all of which will be directly run by the executive board of Rheinmetall AG. The five divisions will be: Weapon & Ammunition, Electronic Solutions, Vehicle Systems, Sensors & Actuators, and Materials & Trade. The former Pistons unit will be run as a non-core business, the ultimate aim being divestiture.