Rheinmetal wins major artillery ammunition order for Ukraine worth over €140 milion
EXCERPTS:
Rheinmetall has won a large-volume order for supporting Ukraine with artillery ammunition. . . . The order encompasses tens of thousands of complete 155mm artillery shells.
The customer is a NATO partner nation whose declared intention is to support Ukraine in its defensive struggle with effective long-term military aid.
The shells will be produced by Rheinmetall Expal Munitions, the Group’s newly acquired Spanish subsidiary. The current contract highlights Rheinmetall’s role as the world’s largest producer of ammunition, especially in the large calibre domain.
The ammunition will be delivered in 2025. Production and delivery of around 40,000 rounds for Ukraine from an earlier order is already due to take place in 2024.
Demand for artillery ammunition is currently very high, due not just to Ukraine’s requirements but also the need to replenish the largely empty ammunition depots of Germany and other NATO and EU countries.
Rheinmetall plans a massive increase in ammunition production capacity in 2024 at its plants in Germany, Spain, South Africa and Australia, bringing annual output capacity to around 700,000 artillery rounds.
France ramps up weapons production for Ukraine and says Russia is scrutinizing the West’s mettle [January 18, 2024]
EXCERPT:
[French defense minister, Sébastien Lecornu] said increased supplies of shells for Ukraine are on their way. From this month, France will supply 3,000 shells for 155 mm guns per month, up from 1,000 shells per month at the start of the war and 2,000 per month since last April.
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