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Badge of the armaments company Pantherwerke AG in Braunschweig.
Version with blue border for a higher security area.
Manufacturer on the back: Duwel Braunschweig.
Employee number: 358.
During the Second World War, the Pantherwerke in Braunschweig as armaments company, among other things, made tarmacs T.Mi 35 (until 1941), cockpit roofs for Junkers Ju 352 (since 1943).
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