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Rheinmetall Secures Multi-billion Bundeswehr Contract

Our Bureau - : Mar 21, 2024 - : 9:55 pm

The German Armed Forces (Bundeswehr) announced a contract awarded to Rheinmetall for the “Schwerer Waffenträger Infanterie (Heavy Weapon Carrier for the Infantry)”. Following approval by the Budget Committee of the German Parliament (Bundestag) on Wednesday (Mar. 20), the €2.7 billion contract includes service, maintenance, and delivery of up to 123 vehicles scheduled for 2025.

“We are very proud to have been selected to supply the Schwerer Waffenträger Infanterie, an essential element of the German Army’s new force category, the ‘medium forces’,” said Armin Papperger, Chairman of the Executive Board of Rheinmetall AG.

“[…] to be able to provide the Army with the required combat vehicles as quickly as possible, we are integrating not only our German but also the Australian sites in our Rheinmetall network,” he added.

Designed to replace the Wiesel tracked vehicle, the new armoured vehicle offers direct tactical fire support for infantry units and enhances the rapid deployment capabilities of the “medium forces” category, boosting national and alliance defence capabilities.

Production at the company’s Military Vehicle Centre of Excellence (MILVEHCOE) in Redbank, southeast Queensland, will involve collaborative efforts with Combat Reconnaissance Vehicles for the Australian Defence Forces.

“The Bundeswehr Boxers, some of which are to be built at MILVEHCOE, are based on the design of the successful Australian Boxer wheeled armoured reconnaissance vehicle,” said John Abunassar, head of Rheinmetall’s Vehicle Systems Division.

“This would be one of the largest Australian defence exports in the country’s history and supports Rheinmetall’s goal to further develop the capabilities of the Australian defence industry and integrate it into the company’s global supply chains,” he added.

“Rheinmetall has more than 900 employees in Australia, high-tech capabilities and an established manufacturing facility in Redbank that produces vehicles, armour and electronics. Our Australian and global supply chain will grow and bring further prosperity to small and medium-sized businesses as we secure new orders to complement existing export programmes,” said Nathan Poyner, Managing Director of Rheinmetall Defence Australia.

“We welcome the close defence industry partnership between Australia and Germany as the two nations work together to enhance global security,”

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