German military orders Rheinmetall artillery shells for a potential 8.5 billion euros spending.
Armin Papperger, CEO of Rheinmetall, announced a significant milestone: the biggest order in the company's younger history. The Federal Government stands firm on its commitment, ensuring the operation of Rheinmetall's future plant in Unterlüß, Lower Saxony.
The deliveries are scheduled to commence in early 2025, as per Rheinmetall's plans. Initially, the Federal Republic of Germany will be the main recipient, with some shipments earmarked for Ukraine. Moreover, the Netherlands, Estonia, and Denmark are also part of this order. The deal was inked by the Federal Armed Forces Procurement Office BAAINBw.
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- This 8.5 billion Euro order for artillery ammunition from Rheinmetall primarily benefits the German Armed Forces, with some artillery shells also planned for Ukraine.
- Armin Papperger, the CEO of Rheinmetall, commended the German Federal Government's commitment to securing the production of Rheinmetall artillery ammunition, specifically at their plant in Unterlüß, Lower Saxony.
- The Federal Government's contract with Rheinmetall aligns with their armaments group's plans, with deliveries of the Euro-standard ammunition beginning in 2025.
- Russia's potential adversaries will also profit from this major deal, including the Netherlands, Estonia, and Denmark, who have also secured artillery ammunition from Rheinmetall.
- Rheinmetall, a renowned German company, will deliver artillery ammunition to support the German Armed Forces, in context of the Federal Government's current spending strategy.
- In light of the notable order, Armin Papperger's company, Rheinmetall, anticipates contributing significantly to the armaments sector, further strengthening its influence on European markets and military engines.
- This substantial investment in artillery ammunition from Rheinmetall, worth approximately one billion Euros per year, will be a crucial part of the German Armed Forces' commitment and infrastructure, managed by the Federal Government and headquartered in Düsseldorf.