Krauss-Maffei Wegmann (KMW)-Rheinmetall joint venture ARTEC has signed agreements with UK based BAE Systems, Pearson Engineering and Thales companies offering 60 percent of workshare if UK selects BOXER Infantry Fighting Vehicle (IFV)for Army’s next generation Mechanised Infantry Vehicle (MIV) program.
According to the agreements, at least 60% of BOXER’s value creation and 100% of final assembly will take place in Britain. To ensure the best value to the British tax payer, ARTEC has defined a competitive process for the main partners and their supply chains to follow, the company said in a statement Monday.
Rolls Royce, ParkerHannifin, WFEL and British subsidiaries of the ARTEC parent companies will also supply British content. Further, Rheinmetall intends to establish a modern production and integration centre for armoured vehicles in the UK as part of the programme. This represents a significant commitment from Rheinmetall which will lead to long-lasting armoured vehicle capability in the UK.
The UK played a role in the design, development and testing of BOXER from 1999 to 2004. Upon acquisition, the UK would reassume the rights which it had as the original project partner. This would allow BOXER to be exported from the UK.
Saab has received an order from the German company Krauss-Maffei Wegmann GmbH (KMW) for deliveries of Mobile Camouflage Systems (MCS). The Barracuda Mobile Camouflage System (MCS) is a flexible solution providing multispectral protection for vehicles when moving or when in a static position
Krauss-Maffei Wegmann has received a contract from the German defense ministry to upgrade 104 Leopard 2 battle tanks for the German Armed Forces from the A4 configuration to the newest A7V standard. Under €760 million (U
German defense manufacturers are gaining due to increased spending by German military in the wake of Russias incursions in Ukraine and its military stance on the NATOs eastern border. Most equipment orders for new equipment and upgrades of existing armor are going to Rheinmetall and Krauss-Maffei Wegmann,
Krauss-Maffei Wegmann (KMW) has acquired Germany-based Battle Tank Dismantling GmbH Koch, the company announced Thursday. The company was formerly owned by the Scholz Group, a world leader in steel and scrap recycling
Nexter Systems and Krauss-Maffei Wegmann (KMW) have closed the initial merger phase under a Dutch incorporated holding company. Two of the European manufacturers of military land systems based in France and Germany will operate jointly under the umbrella of a holding company under Dutch law with headquarters in Amsterdam, the companies said in a statement Tuesday
German armored vehicle manufacturer Krauss-Maffei Wegmann is not happy with French Nexters decision to appoint a new chief executive even as both the companies are planning for a merger. French financial daily, Les Echos Sunday reported Sunday that KMW opposes the appointment of Stephane Mayer as is new CEO replacing Philippe Burtin as the joint CEO
Rheinmetall has won a contract worth multi-million euros to install state-of-the-art sensor and advanced command and control technology to protect a new naval port for an international customer. The installation of sensors and advanced command and control technology will protect the equipment from unauthorized access, damage and sabotage
The UK Ministry of Defence (MOD) has announced that they will re-join the Boxer programme via the Organization for Joint Armament Cooperation, or OCCAR to procure the Boxer 8x8 vehicle to meet the requirements for their Mechanised Infantry Vehicle (MIV) programme. ARTEC is a joint venture between Rheinmetall (64%) and Krauss-Maffei Wegmann (36%)
German firm Rheinmetall was awarded a Aus$5.2 (US$4
The US Navy and Marine Corps have awarded munitions contracts worth $7 million to Rheinmetall Defense, the company said Wednesday in a press release. The U
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