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German defence manufacturer Rheinmetall has been engaged to supply infantry fighting vehicle ammunition for an unnamed European country in a deal worth more than $€200 million.
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The order of medium-calibre ammunition will be delivered between 2023 and 2025, according to a public statement from the company.
Rheinmetall is already constructing an additional production line for medium-calibre ammunition at its Unterlüß plant in Germany to meet heightened demand for air defence munitions and continue supplying orders of 20mm to 35mm ammunition for Marder, Gepard, and Puma vehicles.
Earlier this month on 21 April, Rheinmetall Defence also entered into a memorandum of understanding with Lockheed Martin to collaborate on a unique rocket artillery system for Germany.
“For us, the letter of intent signed today is an agreement of strategic significance,” said Rheinmetall AG chief executive Armin Papperger.
“The combination of Lockheed Martin’s proven capabilities and extensive know-how with Rheinmetall’s experience in fabrication and production opens unique opportunities for both sides.
“For Germany and Rheinmetall, the agreement offers the chance to secure key technologies and a significant share in the value-added chain for Germany.”
