Rheinmetall Wins Multi-Million Euro Contract for Mortar Ammunition
Rheinmetall AG of Düsseldorf has booked a major order for mortar ammunition. A customer in the Middle East/ North Africa (MENA) region has contracted with Rheinmetall Denel Munition of South Africa to supply ammunition for a mobile 120mm mortar system. The contract, which runs for several years and will be completed in partnership with a local company in the customer land, is worth around €50 million.
Delivery of the ammunition starts in September 2014. The order encompasses tens of thousands of service, illumination and smoke/obscurant rounds. They are developed for a modern 120mm mobile mortar system, with ballistic characteristics specifically adapted to its advanced fire control unit. The ammunition’s range of over 8,000 metres and proven performance in battle underpin its leading role in the market and with it, Rheinmetall’s technological leadership.
Military Land Vehicle Electronics (Vetronics) Market Forecast 2015-2025
Just awarded, the contract issued by the MENA-customer is the culmination of cooperation between the project participants from the world of vehicles, weapons and ammunition, and fire control technology. Moreover, the order is an important endorsement for the use of Rheinmetall ammunition in the mobile 120mm mortar system, and a significant sign of possible orders to come from other customers in the MENA region.
Rheinmetall also sees the order as a validation of its strategy of internationalization. A presence in the MENA region and entering into strategic partnerships could assist the Düsseldorf-based Group to further strengthen its reputation as a reliable partner of the military as well as local industry.
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Source : Rheinmetall AG
Jun 22 - 23, 2015 - Prague, Czech Republic