(IN BRIEF) Rheinmetall has secured a €21 million contract to supply an international customer with 155mm M107 artillery ammunition, scheduled for delivery in the first half of 2025. The ammunition will be produced by Rheinmetall Expal Munitions in Spain. The … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology
Tagged 1.1 million shells, 155mm M107, 2025, 2027, aircraft armament, ammunition production, anti-aircraft guns, artillery ammunition, delivery, high-energy laser applications, infantry fighting vehicles, international customer, large-caliber ammunition, medium-caliber ammunition, NATO, partnership, production capacity, Rheinmetall, Rheinmetall Expal Munitions, Spain, tank shells, €21 million
(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
Posted in Business, Defence, Germany, Industrial, Technology
Tagged Actuators, Ammunition, armed forces, Armin Papperger, military business, Rheinmetall AG, Rheinmetall Expal Munitions, Sensors, WEAPON
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