Rheinmetall has acquired 100% stake in Canada-based firm "Provectus" to expand Rheinmetall’s 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.
Founded in 2010, Provectus Robotics Solutions is a young company specializing in the development of advanced robotic systems and software. Though now owned by Rheinmetall Canada, Provectus will continue to operate under its previous managing director, Paul Rocco, the company said in a statement Friday.
Rheinmetall's Mission Master unmanned multi-mission vehicle is based on Provectus technology, some of which will serve in an unarmed logistic or reconnaissance role; while others will function as mobile weapon platforms, the company added.
The company is looking to apply expertise from the Canadian firm in implementing ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance), a major project of the Canadian armed forces which is now underway.
Canada has asked Lockheed Martin, Boeing, Saab and Airbus to submit bids to supply 88 combat aircraft to replace its ageing fleet of CF-18 fighters for an estimated $14.5 billion (C$19 billion)
Rheinmetall has won a €470 Million ($527 million) contract to equip NATOs spearhead Very High Joint Readiness Task Force 2023 (VJTF 2023) with 41 Puma Infantry Fighting Vehicles (IFVs) and other related equipment. The contract was awarded to ARGE Puma, a consortium of Rheinmetall and PSM Projekt System Management on 11 July, 2019
Boeings Insitu has won a $390 million contract to supply RQ-21A Blackjack drones and ScanEagle Unmanned Aircraft Systems (UAS) meant for the US Marines, US Navy and governments of Canada, Poland and Oman respectively. According to the contract announced by the US Department of Defense on Friday, the company will supply 63 RQ-21A attrition air vehicles for the US Marine Corps and US Navy
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)
Rheinmetall has developed the new "RSG60," a 60mm mortar for infantry and special forces. A few quick manual adjustments turn the 15
The US State Department Tuesday cleared Canadas request to acquire Multifunctional Information Distribution System - Joint Tactical Radio System (MIDS-JTRS), commonly known as American radios, to upgrade its fleet of CF-18 fighter jets and CC-130Jmilitary transport aircraft. “The State Department has made a determination approving a possible Foreign Military Sale to Canada of one hundred fifty-two (152) MIDS-JTRS (5) with support for an estimated cost of $44 million,” Defense Security Cooperation Agency (DSCA) said in a
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