Rheinmetall has won a 43.1 million contract from an international customer to supply tank ammunition.
The DM63A1 kinetic energy rounds will be delivered in two lots from 2016 to 2018, the company announced today.
Based on tungsten technology, the DM63A1 is the most advanced kinetic energy round for 120mm smoothbore tank guns on the market today.
Containing no explosives, the projectile's effectiveness relies entirely on the kinetic energy of the Rheinmetall advanced heavy tungsten penetrator technology.
Manufacture of the penetrators and final assembly will take place at Rheinmetall's plant in Unterlüß in Lower Saxony, while the temperature-independent propellant powder will be sourced from Rheinmetall Nitrochemie, with plants at Aschau in Bavaria and Wimmis, Switzerland.
The order makes important contribution to capacity utilization at all three sites.
The DM63A1 kinetic energy round, because of its new propulsion system, is capable of enhancing the combat performance of platforms armed with a 120mm smoothbore gun, including those of the Leopard 2 main battle tank, with no need for prior technical modification.
Rheinmetall Defense sales rose by €159 million or 18% to €1,054 million in the first six months of 2015 (first half year 2014: €895 million). Adjusted for currency effects, the growth was 15%, the company announced today
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