Rheinmetall to Manufacture Ordnance for a European Partner

A European procurement agency has awarded Rheinmetall a major order for ordnance.

Worth up to €225million, the multi-year contract encompasses the development, qualification and production of modern ordnance which meets the highest safety standards.

RWM Italia S.p.A. – a wholly owned subsidiary of the Rheinmetall Group since 2010 – won the order. The ammunition will be jointly manufactured by RWM Italia S.p.A. and by a European defence contractor.

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This important order underscores once again the Düsseldorf-based Group’s global reputation for competence in the twin high-tech fields of security and mobility. One of the world’s top munitions suppliers, Rheinmetall’s customers include (among others) the armed forces of Germany, the United States, Australia, the United Kingdom, Italy, Sweden, Switzerland and Austria.

Source: Rheinmetall AG
Date: Mar 10, 2016