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
Canada will be purchasing US$187.2 million worth 10 Rheinmetall's missile defense radar systems that are patterned after Israels Iron Dome
Rheinmetall has won a $493 million contract to provide an Integrated Soldier System and a Medium Range Radar System to Canadian forces. The Integrated Soldier System Project is a suite of military equipment that is vital to the effectiveness and protection of frontline soldiers on a modern battlefield
Rheinmetall has offered a fire control device, Vingmate MR 500 to US Army for Grenadier Sighting System program. The company claims that the device is capable of improved first-shot hit capability at all ranges
Rheinmetall MAN Military Vehicles has presented versatile Armoured Multi-Purpose Vehicle (AMPV) at the International Defence Industry Exhibition MSPO. Various weapon stations can be integrated into the AMPV
Rheinmetall has offered the latest BOXER 8x8 Cavalry Reconnaissance Vehicle, Lance Turret and Northrop Grumman C4ISR Architecture to Australia. The company announced Thursday that it has submitted a bid in response to the Australias LAND 400 Phase 2 - Mounted Combat Reconnaissance Capability request for tender
Astronaut In Space Station Hacks into Same-Sex Spouse's Bank Account
Pentagon Orders $2.4B Worth F-35 Parts from Lockheed Martin
General Atomics Demos New Capabilities of MQ-9B SkyGuardian
North Korea Practicing Bombing with WWII Era AN-2 Biplanes
India's First Beyond Visual Range Air-to-Air Missile Ready
Russian AF to Receive Upgrade Su-30SM Jet with Engine from Su-35 Fighter...
Turkish Air Force Seeks Su-35 after F-35 Deal Collapse
China to Debut Black Hawk Competitor, Z-20 Helicopter in October Event
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...