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Austria commissions Rheinmetall with defence modernization

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...

The Rheinmetall logo is emblazoned on the main building in Düsseldorf. Photo.aussiedlerbote.de
The Rheinmetall logo is emblazoned on the main building in Düsseldorf. Photo.aussiedlerbote.de

Armaments group - Austria commissions Rheinmetall with defence modernization

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.

Announcement

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  1. The defense industry in Germany has been boosted with the large order given to Rheinmetall by Austria for the modernization of their existing Skyguard air defense systems.
  2. This modernization project, worth 532 million euros, will significantly upgrade 28 existing 35mm twin guns in Austria's defense force, as per the contract with Rheinmetall, an armaments group based in Düsseldorf.
  3. The Austrian defense ministry has entrusted the modernization of their air defense system to the experienced defense company, Rheinmetall, which is famous for its advanced Skyguard short-range air defense system.
  4. Following the signing of the contract in Düsseldorf, Germany, Rheinmetall, a key player in the defense industry, will commence the project in February 20XX and complete it within a 48-month timeline.
  5. The modernization of Austria's air defense system, including the upgrades to their Skyguard air defense systems and the corresponding ammunition, will be a significant contribution to strengthening Austria's defense capabilities and security, as part of the broader defense modernization drive across Europe.

Source: www.stern.de

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