German Government Awards Rheinmetall Contract for €400 Million Military Aid Package to Ukraine

German Government Awards Rheinmetall Contract for €400 Million Military Aid Package to Ukraine

(IN BRIEF) Rheinmetall has secured a contract from the German government to supply Ukraine with 100,000 rounds of 120mm mortar ammunition as part of a €400 million military aid package. The order, valued in the lower-three-digit million-euro range, will be delivered over the next two years. Rheinmetall’s expertise in infantry fire support, bolstered by its recent acquisition of Expal, ensures the effectiveness of its mortar ammunition, making it ideal for various operational environments. This contract highlights Rheinmetall’s role as a leading supplier of indirect fire technology and demonstrates its commitment to strengthening Ukraine’s defense capabilities.

(PRESS RELEASE) DÜSSELDORF, 8-Nov-2023 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), a German integrated technology group active in the automotive and defence industries, has been awarded a contract by the German government to deliver approximately 100,000 rounds of 120mm mortar ammunition to Ukraine. Valued in the lower-three-digit million-euro range, this order is part of a comprehensive €400 million military aid package aimed at bolstering the capabilities of the Ukrainian armed forces. The delivery is set to commence shortly and will span over the course of the next two years.

With the recent acquisition of Spanish ammunition manufacturer Expal, Rheinmetall has significantly enhanced its expertise in infantry fire support. The company’s product portfolio encompasses a wide range of mortar ammunition, including 120mm, 81mm, and 60mm variants. Additionally, Rheinmetall offers cutting-edge fire control systems and mortar weapon systems, such as the 120mm Ragnarök and the innovative RSG60, a 60mm mortar system.

Rheinmetall’s mortar ammunition stands out due to its extended range, superior precision, and exceptional combat effectiveness, making it well-suited for operations in challenging terrains and urban environments.

This recent order from the German government underscores Rheinmetall’s position as a leading supplier of indirect fire technology, demonstrating the company’s commitment to supporting the defense capabilities of its allies.

Media contact:

Oliver Hoffmann
Head of Press and Public Relations
Phone: +49 211 473-4748
Fax: +49 211 473-4157

SOURCE: RHEINMETALL AG