The proposed joint venture (JV) between Rheinmetall and BAE Systems to manufacture military vehicles has been approved by the UK Competition and Markets Authority (CMA).
The JV will be known as Rheinmetall BAE Systems Land (RBSL). The company will manufacture British Army's new 8x8 wheeled Mechanised Infantry Vehicle (MIV), upgrade of the Challenger 2 Main Battle Tank fleet and will take part in other strategic combat vehicles programmes.
In January, Rheinmetall announced it 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.
Rheinmetall has won a $104 million (Euro 92million) contract to supply Germany's Bundeswehr 252 unprotected transport vehicles. This order falls under the framework agreement concluded in 2017 for more than 2,200 military trucks worth $1017 (Euro 900 million) million the compant said in a statement Wednesday
BAE Systems has won a $19 million modification contract for the production of the MK38 MOD 3 Machine Gun System (MGS) and associated spares meant for the US Navy. This contract is to fulfil specified requirements and technical performance requirements for the MK38 MOD 3 25mm MGS Ordnance Alteration and associated spares, the US Department of Defense said in a statement Monday
BAE Systems has won a $39.5 million Foreign Military Sales (FMS) contract to supply MQ-9 Sensor Pod to France
Rheinmetall has developed the new "RSG60," a 60mm mortar for infantry and special forces. A few quick manual adjustments turn the 15
Rheinmetall has acquired 100% stake in Canada-based firm "Provectus" to expand Rheinmetalls technological capabilities in the field of robotics and autonomous driving. Automation and digitization are among the vital Group-spanning technology clusters which Rheinmetall is systematically working to expand, concentrating knowledge and capacities in order to exploit additional future growth potential
The United Kingdom (UK) Ministry of Defense has
Embraer Unveils Fixed-Wing Electric Demonstrator Aircraft
PP-2000 Submachine Guns To Replace Kalashnikov Rifles In Russian Pilots’ Survival Kits
Export Version of Il-112V Transport Aircraft to Debut at MAKS 2019
Russia to Unveil Su-57E Stealth Fighter at MAKS 2019
Elbit Systems Pitches For Lockheed Martin F-21 Jet Project in India
India's First Beyond Visual Range Air-to-Air Missile Ready
Japan Launches “Haguro” Guided Missile Destroyer
Russian AF to Receive Upgrade Su-30SM Jet with Engine from Su-35 Fighter...
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...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...