(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
Posted in Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged acquisition, Armin Papperger, Jason Atkinson, Loc Performance, Matthew Warnick, partnership, Rheinmetall, sustainability, U.S. Defense Operations
(IN BRIEF) American Rheinmetall Vehicles and GM Defense have successfully delivered three prototype trucks for the initial phase of the U.S. Army’s Common Tactical Truck (CTT) Program. The program aims to replace the Army’s heavy tactical truck fleet with up … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged American Rheinmetall Vehicles, GM Defense, HX3-CTT, Matthew Warnick, partnership, Rheinmetall, Steve duMont, Tactical Truck Program, U.S. Army
(IN BRIEF) The U.S. Army has awarded a contract to American Rheinmetall Vehicles and Team Lynx for Phase 3 and 4 of the XM30 Mechanized Infantry Combat Vehicle program. The contract is worth over $700 million and involves the development … Read the full press release
(PRESS RELEASE) DÜSSELDORF, 17-Aug-2022 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), a German integrated technology group active in the automotive and defence industries, has announced that its American Rheinmetall Vehicles (Sterling Heights, MI), a leading developer of tactical wheeled and … Read the full press release
Posted in Business, Defence, Germany, Government, Industrial, News, Security & Safety, Technology
Tagged American Rheinmetall Vehicles, Common Tactical Truck program, CTT program, GM Defense, GM Defense LLC, Heavy Expanded Mobility Tactical Truck, Heavy Tactical Vehicles, HEMTT, HX3, HX3 Common Tactical Truck, HX3-CTT, M915 Line Haul Tractor, Matthew Warnick, Palletized Load System, PLS, Rheinmetall MAN Military Vehicles, RMMV, Sterling Heights, Steve duMont, tactical military truck, tactical wheeled combat vehicles, tracked combat vehicles
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