Tag Archives: Armin Papperger

Rheinmetall Secures Multi-Billion Euro Contract to Modernize Bundeswehr’s Communication Network

(IN BRIEF) Rheinmetall has secured a major contract to support the Bundeswehr’s digitalization initiatives by providing a deployable communication network, known as TaWAN LBO, under a multi-billion-euro framework agreement. The first call-off, worth €1.88 billion, will see the delivery of … Read the full press release

Rheinmetall Gains Majority Stake in Blackned to Boost Digitalisation of Armed Forces

(IN BRIEF) Rheinmetall Electronics GmbH has increased its stake in the Bavarian software developer blackned GmbH from 40% to 51%, gaining majority control of the company. This move underscores Rheinmetall’s commitment to the digitalisation of armed forces. The acquisition is … Read the full press release

Rheinmetall and Lithuania Begin Construction of Advanced Ammunition Production Plant

(IN BRIEF) Rheinmetall and the Lithuanian government have begun construction of a new €180 million ammunition production facility in Baisogala, Lithuania, which will manufacture tens of thousands of 155mm artillery shells annually. The plant, set to start operations in mid-2026, … Read the full press release

Rheinmetall Expands U.S. Defense Operations with Strategic Acquisition of Loc Performance for $950 Million

(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release

Rheinmetall Expands Medical Support to Ukraine with Additional Frontline Rescue Units

(IN BRIEF) Rheinmetall has secured a contract with the Ukrainian Ministry of Defence to deliver eight additional Forward Surgical Team stations, enhancing Ukraine’s medical response capabilities on the front lines. The order, valued in the mid-double-digit million-euro range, is part … Read the full press release

Rheinmetall Secures Major Contract for Ammunition Factory in Ukraine

(IN BRIEF) Rheinmetall’s new contract for the construction and operation of an ammunition factory in Ukraine signifies a major development in the country’s defense and industrial capabilities. With a substantial investment and a strong partnership with local entities, Rheinmetall is … Read the full press release

Rheinmetall Ventures Beyond Earth, Showcases Space Initiatives in Berlin Exhibition

(IN BRIEF) Rheinmetall, a leading technology group, is venturing into the space domain, presenting conceptual approaches at ILA 2024 in Berlin. With a focus on leveraging space-based reconnaissance data for military applications, the company aims to provide tailored solutions for … Read the full press release

Rheinmetall and Borussia Dortmund Forge Strategic Partnership to Champion Social Awareness

(IN BRIEF) Rheinmetall and Borussia Dortmund announce a significant three-year partnership, marking Rheinmetall as a “Champion Partner” to the Bundesliga club. This collaboration aims to leverage wide-reaching advertising space, marketing rights, and event opportunities within the stadium and club grounds, … Read the full press release

Rheinmetall Secures €2.7 Billion Contract for Heavy Weapon Carrier for German Bundeswehr

(IN BRIEF) The German Bundeswehr has awarded Rheinmetall a contract worth €2.7 billion for the supply of up to 123 “Schwerer Waffenträger Infanterie” vehicles. These vehicles, intended to replace the Wiesel tracked vehicle, will be equipped with advanced weaponry and … Read the full press release

Rheinmetall AG Continues Growth Trajectory with Record Earnings and Order Backlog

(IN BRIEF) Rheinmetall AG, headquartered in Düsseldorf, has achieved record earnings and order backlog figures in fiscal year 2023, continuing its growth trajectory. The company’s focus on the defence sector, particularly amid a changed threat situation in Europe, has led … Read the full press release

Austria’s Military Modernization: Skyranger 30 Systems to Bolster Air Defence Capabilities

(IN BRIEF) Austria is set to bolster its air defence capabilities with the procurement of 36 Skyranger 30 air defence systems mounted on Pandur EVO 6×6 vehicles from GDELS. This collaboration between Rheinmetall and GDELS marks a significant milestone in … Read the full press release

Rheinmetall to Establish Ammunition Plant in Ukraine, Strengthening Defense Partnership

(IN BRIEF) Europe’s leading ammunition manufacturer, Rheinmetall, has announced plans to open a new plant in Ukraine through a joint venture with a local partner, aiming to produce a significant quantity of 155mm caliber bullets annually. The memorandum of understanding, … Read the full press release

Rheinmetall Breaks Ground on New Ammunition Factory to Bolster Germany’s Defence

(IN BRIEF) Rheinmetall AG is undertaking a significant strategic initiative to enhance Germany’s national security preparedness by constructing a new ammunition factory, “Werk Niedersachsen,” at its Unterlüß site in Lower Saxony. This factory, with an investment volume of around €300 … Read the full press release

Rheinmetall Donates €100,000 to Olena Zelenska Foundation in Support of Ukrainian War Victims

(IN BRIEF) Düsseldorf-based technology group Rheinmetall has pledged a donation of 100,000 euros to the Olena Zelenska Foundation in Kyiv, supporting humanitarian efforts for victims of the Russian war of aggression against Ukraine. The foundation, led by Olena Zelenska, wife … Read the full press release

Romania Chooses Rheinmetall for Major Air Defence Modernization Project

(IN BRIEF) Rheinmetall, a technology enterprise, has secured a significant contract worth approximately €328 million from the Romanian Ministry of Defence. This contract involves the comprehensive modernization of Romania’s Oerlikon GDF 103 air defence artillery systems, marking Rheinmetall’s first major … Read the full press release

Hungary and Rheinmetall Collaborate on €288 Million Panther KF51 Next-Generation Tank Development

(IN BRIEF) The Hungarian government and Rheinmetall have signed a €288 million contract to jointly develop the Panther KF51 next-generation main battle tank, taking it to production maturity. The project involves the creation of a demonstrator vehicle and its qualification … Read the full press release

Austria’s Comprehensive Air Defense Modernization Contract Awarded to Rheinmetall for €532 Million

(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release

Defense Giant Rheinmetall Achieves Double-Digit Growth in Q3 2023

(IN BRIEF) Rheinmetall AG, a German defense company, reported strong financial results for the third quarter of 2023, driven by robust sales growth in its military business. The company’s operating result significantly exceeded market expectations, reflecting the high demand for … Read the full press release

ARTEC GmbH, Supported by Rheinmetall, Establishes UK Subsidiary for Boxer Armoured Transport Services

(IN BRIEF) ARTEC GmbH, a joint venture involving Krauss-Maffei Wegmann, Rheinmetall Landsysteme, and Rheinmetall Defence Nederland, has established a subsidiary called ARTEC Boxer UK Ltd. This UK-based subsidiary, wholly owned by ARTEC GmbH, will be responsible for providing service and … Read the full press release

Rheinmetall Partners with Blau-Gelben Kreuz to Aid Children in Chernivtsi, Ukraine with €20,000 Donation

(IN BRIEF) Rheinmetall AG, a global corporation from Düsseldorf, has pledged €20,000 to aid displaced families and children in Chernivtsi, a partner city of Düsseldorf. The donation will be channeled through the German NGO, Blau-Gelben Kreuz / Deutsch-Ukrainischer Verein e.V. … Read the full press release