Nexter: 6-Year Ammo Contract with DGA
04.02.2010 Europe
Nexter Munitions has signed a multiyear contract worth 139 million euros ($193 million) with the Direction Générale pour l'Armement (DGA) to supply 20mm, 25mm and 30mm combat and training ammunition, the company said in a Feb. 3 statement.
Nexter Munitions is a subsidiary of the Nexter Land Systems Group.
Under the deal, Nexter will deliver 1.88 million rounds up to mid-2016, ensuring continuity of supply. Some 1.14 million rounds already have been supplied under the previous multiyear contract, the company said.
"This global contract provides the French military with a guarantee of long-term ammunition supply", the company said.
The deal would sustain the supply chain, manage obsolescence and allow an increase in deliveries in the event of a crisis, the company said.
Nexter Munitions is a subsidiary of the Nexter Land Systems Group.
Under the deal, Nexter will deliver 1.88 million rounds up to mid-2016, ensuring continuity of supply. Some 1.14 million rounds already have been supplied under the previous multiyear contract, the company said.
"This global contract provides the French military with a guarantee of long-term ammunition supply", the company said.
The deal would sustain the supply chain, manage obsolescence and allow an increase in deliveries in the event of a crisis, the company said.
Previous PostA400M: 4th Assembly Process
Latest events
I/ITSEC 2024
02 - 06 Dec 2024Orlando, Florida - United Statesintersec 2025
14 - 16 Jan 2025World Trade Centre (WTC) Dubai - United Arab EmiratesIDEX & NAVDEX 2025
17 - 21 Feb 2025Abu Dhabi National Exhibition Centre - ADNEC - United Arab EmiratesDefence Exhibition Athens - DEFEA
06 - 08 May 2025Metropolitan Expo Athens - Greece