Rheinmetall is further expanding its role as a leading manufacturer of 120mm tank ammunition. The NATO Support and Procurement Agency (NSPA) has called off its first batch of ammunition, worth around €200 million, under a 2025 framework agreement for 120mm ammunition, a contract of substantial scope and value. The end customers are various NATO countries.
The ‘Basic Contractual Instrument’ (BCI) signed with NSPA in July 2025 defines the terms and conditions as well as all technical specifications for various types of 120mm tank ammunition. NATO and NATO-equivalent members can use the framework agreement to simplify the procurement of Rheinmetall ammunition. They can order the ammunition directly from the NSPA. This significantly simplifies the procurement of 120mm tank ammunition within the Atlantic Alliance. Rheinmetall can thus further expand its role as a leading supplier of 120mm tank ammunition.
Used in the field by many nations since 1980, Rheinmetall’s 120mm smoothbore technology has become the established main battle tank armament within the armed forces of Germany, NATO and other allied nations worldwide. It is the standard system on the Leopard 2 and M1 Abrams main battle tanks. Due to their superior performance and still available power reserves, Rheinmetall can continue to offer innovative and threat-appropriate technical solutions in the caliber 120mm in the medium term.
Market forecast by Region and Ammunition Calibre. Country Analysis, Market and Technology Overview including Critical Raw Materials, Opportunity Analysis, and Leading Company Profiles
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