Rheinmetall and BAE Systems have signed an agreement to create a joint UK based military vehicle design, manufacturing and support business.
In addition to managing and growing the existing combat vehicle support business, the intent is for the new Joint Venture to play a major role in the delivery of the British Army’s new Mechanised Infantry Vehicle (MIV) and other strategic combat vehicles programmes, Rheinmetall said in a statement Monday.
Rheinmetall will purchase a 55 percent stake in the existing BAE Systems UK based combat vehicles business, with BAE systems retaining 45 percent. The new Joint Venture will be headquartered at BAE Systems’ facility in Telford, England.
The establishment of the new Joint Venture is subject to regulatory approvals which are anticipated to be completed in the first half of 2019. Once the approvals have been completed, the Joint Venture will be known as Rheinmetall BAE Systems Land (RBSL).
While initially focused on these major UK programmes, RBSL will also form an integral part of Rheinmetall’s Vehicle Systems Division and will participate in and contribute to various global military vehicle pursuits and contracts. The combination of Rheinmetall’s military vehicles technology and products with the additional capabilities and products brought to the Joint Venture by BAE Systems, such as Trojan, Terrier, Warrior, military bridging and the AS90 self-propelled artillery system will be helpful.
Rheinmetall has been awarded a contract from the Swedish armed forces to supply vehicles for transporting Patriot air defence systems made by Rheinmetalls partner Raytheon. Starting in the first quarter of 2021, Rheinmetall MAN Military Vehicles (RMMV) will supply Sweden with a total of forty high-mobility trucks from its HX series, including 16 tractor trucks and 24 transport vehicles
The first upgraded simulation systems for France's Tiger HAD combat support variant and Germany's UHT Step 2 anti-tank / fire support variant have completed qualification procedures at the Franco-German training academy (EFA) in Le Cannet-des-Maures in South-East France. German and French Tiger helicopter simulators are being upgraded under the Tiger Aircrew Training Means (TATM) programme awarded by Organisation for Joint Armament Cooperation (OCCAR) in December 2014, Thales said in a statement Monday
Rheinmetall has won a three-year, $11 million contract to supply German Police with ballistic inserts for protective vests. The first batch consisting of over 5,000 ballistic inserts will be shipped in spring 2019
Rheinmetall has won a $24 million contract to supply 13000 rounds of 120mm X 570 DM88 ammunition to the German armed forces, Bundeswehr.The DM88 is a practice round made specifically for the Leopard 2 main battle tank
BAE Systems along with Lockheed Martin and MBDA have started integrating next generation weapon systems on the United Kingdoms fleet of F-35 fighter aircraft. BAE Systems has received an initial funding award from Lockheed Martin, the prime contractor on the F-35 programme, to start integration efforts for MBDAs Meteor beyond visual range air-to-air missile and SPEAR precision surface attack missile, the company said in a statement Monday
Reload Swiss, a subsidiary of a European company Nitrochemie has launched its new universal rifle ammunition powder, RS76 at the ongoing IWA&Outdoor Classics trade fair in Nuremberg, Germany. Newly developed, the RS76 is a universal powder for assembling rifle ammunition
Rheinmetall has completed series of comprehensive trials with a weapon station with a laser weapon technology. In combination with a laser, the weapon station demonstrated its speed and precision in tests conducted in December 2018
BAE Systems is awarded $225 million contract to procure 9,999 additional Lot 7, full-rate production units of the Advanced Precision Kill Weapon System (APKWS) II. The procurement of the additional APKWS II weapons will upgrade the current 2
BAE Systems has won a $474 million contract for system support and maintenance for the United States Armys M109 Paladin Family of Vehicles. The contract includes system technical support, sustainment system technical support, depot maintenance support, field service representatives, systems engineering, program management, engineering management, quality management, configuration management, logistics support, and software management and maintenance for the M109 Family of Vehicles, the US department of defense said in a statement Tuesday
Rheinmetall has threatened the German government with a multi-million dollar lawsuit to compensate for their losses caused due to the Chancellor Angela Merkels cabinet decision to stop military supplies to Saudi Arabia. The cabinet approved arms embargo against Saudi Arabia following the murder of journalist Jamal Khashoggi at Riyadhs consulate in Turkey and has also asked other nations to do the same,
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