Rheinmetall Wins €400 Million Ammunition Order

27.07.2016 Europe
Rheinmetall Wins €400 Million Ammunition Order

Rheinmetall Wins €400 Million Ammunition Order

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The Rheinmetall Group of Düsseldorf (Germany) has won a new major order for ammunition from an international customer.

Booked in the second quarter of 2016 and worth over €400 million, the contract runs for seven years.

Once again, this contract underscores the Group’s global reputation for excellence, which has made it one of the world’s top three makers of military munitions.

For many years Rheinmetall has numbered among the leading system suppliers of the international defence and security industry.

Rheinmetall Defence, with 10,000 employees working at production and sales locations in over 15 countries, expects sales to reach €2.6 billion this year.

Rheinmetall Defence offers an extensive array of weapons and munitions, ranging from medium- and large-calibre solutions and infantry products to pyrotechnic devices and warhead and propellant technology for missiles and torpedoes. Prominent examples include medium-calibre automatic cannon for the Eurofighter, naval patrol craft and infantry fighting vehicles as well as the main armament of the Leopard main battle tank. Rheinmetall supplies the accompanying ammunition for all of these systems

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