Austria commissions Rheinmetall to modernize its air defence system
The armaments group Rheinmetall has secured a major order from Austria. Specifically, the order is for the modernization of existing Skyguard air defence systems.
The order volume amounts to 532 million euros, the company announced in Düsseldorf on Tuesday. The DAX-listed company can book the sum as incoming orders this month. The contract begins next February and has a project term of 48 months, according to the announcement.
Rheinmetall's Skyguard system is a short-range air defense system. Among other things, the modernization ordered by the Austrians will upgrade 28 existing 35mm twin guns. The corresponding ammunition is also part of the order.
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This major order for Austria's air defense system modernization, worth 532 million Euros, has been awarded to Rheinmetall. The modernization includes upgrading 28 existing 35mm twin guns in their Skyguard system, along with the corresponding ammunition. This contract, starting in February 2023, will contribute significantly to Rheinmetall's incoming orders.
Source: www.ntv.de
