Rheinmetall has threatened the German government with a multi-million dollar lawsuit to compensate for their losses caused due to the Chancellor Angela Merkel’s 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 Riyadh’s consulate in Turkey and has also asked other nations to do the same, Sputnik reported Monday.
Angela Merkel’s cabinet stopped military supplies to Saudi Arabia and called on other countries to do the same following the murder of journalist Jamal Khashoggi at Riyadh’s consulate in Turkey.
German Der Spiegel weekly cited a company letter to the country’s Economy Ministry warning that they would file a complaint if the German authorities kept the ban in place.
According to the report, the reason behind Rheinmetall initiating the legal process was that the government stalled the deliveries that had been approved by the Federal Security Council, for political reasons.
In addition, the company’s management fears that shareholders could sue Rheinmetall if it does not demand compensation.The ministry has refused to comment on the reported threat saying that "the protection of trade and business secrets has a special status". Rheinmetall’s spokesperson wanted to "neither confirm nor deny" the information, Sputnik reported.
In contrast to Merkel’s government, allies France and the US refused to follow to Germany’s example and halt sales.
The outlet reports that Germany’s demand to clarify the details of Khashoggi’s death has not been fulfilled. While Germany and the EU insist that the investigation into the murder and prosecution of the perpetrators should be transparent, the reports suggest that Riyadh wants to hold secret trials.
Washington Post columnist Khashoggi was killed in the Saudi Consulate in Istanbul upon entering to obtain marriage-related documents on 2 October 2018. After two weeks of denials, the Saudi authorities admitted that Khashoggi had been killed in the consulate and his body dismembered on consulate grounds.
Riyadh insists that the killing had nothing to do with the Saudi royal family and the kingdom's de facto ruler, Crown Prince Mohammed bin Salman, describing the murder as a rogue operation.
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 Armys new Mechanised Infantry Vehicle (MIV) and other strategic combat vehicles programmes, Rheinmetall said in a statement Monday
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
The United States approved arms sales worth an estimated $8 Billion to Saudi Arabia, United Arab Emirates and some other countries after President Donald Trump used emergency authority to approve nearly two dozen such deals. The US Defense Security Cooperation Agency (DSCA) put up some of the State Department approvals of the deals on its website while various US media reported that the combined value of the deals as $ 8 Billion
Rheinmetall has won a CAD 57 million major support contract from government of Canada pertaining to Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR). The contract will take place over the next five years and will be expensed using a task mechanism over this period
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
Germany and the UK are at loggerheads over the former blocking the export of MBDAs Meteor long range air-to-air missile for use on Saudi Arabias Eurofighter Typhoons. Berlin is understood to have blocked the sale citing German-made components in the missile as it is opposed to Saudi Arabias use of the Meteor-mounted Typhoons in the Yemen conflict and over the Jamal Khashoggi affair
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