Rheinmetall has won a $439 million contract to supply ammunition to an international customer.
The company said in a statement Tuesday without revealing the type of ammunition nor the country to which it will be supplied.
The contract is for seven years.
Rheinmetall recently signed a licence agreement with the Canadian government, General Dynamics Ordnance and Tactical Systems–Canada to produce Omnitrap decoy ammunition for the Canadian Navy. Signed at the recent CANSEC show in May 2016, the contract is worth a mid-range eight-figure euro amount with thirty-year agreement term
Rheinmetall and MBDA will exhibit a new defense system concept for close- and very close-range protection against airborne threats for the first time at the ILA Berlin Air Show. This solution ensures highly mobile escort protection as well as immediate firing readiness, and integrates seamlessly in the German Tactical Air Defence System (taktisches Luftverteidigungssystem/TLVS) system architecture as a further possible element of integrated air defence
Rheinmetall will upgrade the fire control units and guns of the 35mm medium-calibre Oerlikon Skyguard air defence system of the Swiss armed forces. The contract also includes an overhaul of the associated command and control systems in the operations centre as well as additional spare parts
Rheinmetall has submitted a bid to upgrade the capabilities of the challenger 2 tank fleet in response to the systems Life Extension Project. “Rheinmetalls solution will replace major obsolete components in the Challenger 2 while at the same time introducing new capabilities that will substantially improve the combat power of the British Army
Rheinmetalls defence sector posted a high order intake of €1,751 million in the first half of 2016, considerably exceeding the prior-year figure (H1/2015: €1,235 million) with growth of 42 percent. The sectors order backlog reached a new record value of €6,905 million (June 30, 2016)
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