In a deal worth several millions of dollars, Rheinmetall has been given a nod by the German government to sell 164 tanks to Indonesia, after the Dutch parliament rejected the similar request over human rights concerns. After this deal, Indonesia joins the contentious new export list along with Saudi Arabia, Qatar and the United Arab Emirates
The Rheinmetall group sees potential in markets outside Europe such as in Asia and Australia. Hence 2015 strategic program intends to generate around 50% of sales with customers outside Europe
Even bribery and money laundering dont seem to have escaped the woes of inflation and rising prices around the world. The bribery scandal involving AgustaWestland and India is a fine example of how kickbacks have been affected by global economic downturn
The Russian Aircraft Corp., MiG showcased its latest simulator on the first day of Aero India 2013 in Bangalore
Textron, Rheinmetall and Kongsberg Protech have announced a $100 million contract for KPS Canadas work on the Tactical Armoured Patrol Vehicle or TAPV project, in a statement issued January 28. The sub-contract is part of the $205 million Textron and Rheinmetall CAD contract that was announced earlier in October 2012
Rheinmetall has successfully tested its new 50kW high-energy weapon technology demonstrator. The test encompassed the entire operational sequence from target detection and tracking to target engagement
The German Air Force has taken delivery of the MANTIS air defence system from Rheinmetall today. “Thanks to MANTIS, the German Air Force now has at its disposal the world's leading air defence system for asset protection
As Indonesia's deal with Germany for the procurement of Leopard tanks comes under attack by human right groups with a possibility of the deal being delayed or canceled, Russia's Rosoboronexport (RoE) has offered its T90s tank at the fifth edition of the Indo Defense 2012 show in Jakarta. “The T-90S main battle tank (MBT) shows good sales prospects in this region’s market
Rheinmetall AG and Textron Systems Canada Inc today announced that they have signed a €160 million contract for work on the Canadian Forces Tactical Armoured Patrol Vehicle (TAPV) project. During the production phase of the TAPV fleet, Rheinmetall will perform the critical final assembly and test of the vehicles
Rheinmetall has been selected to take part in a major US procurement project in the field of vehicle armament. Over the next five years Rheinmetall can expect to generate $US20 million in sales each year under the “Common Remotely Operated Weapon Station (CROWS) III” framework agreement, eventually totalling US$100 million