DUESSELDORF (dpa-AFX) - Rheinmetall AG (RNMBF.PK) on Monday said it has received a contract worth 444 million euros to supply ammunition to an Eastern European customer.
Rheinmetall Expal Munitions, acting as a subcontractor to Global Military Products-which is contracted by the U.S. government-will provide 155 mm M107 projectiles with M4A2 propellant charges and 105 mm M1 projectiles. Of the total contract value, 170 million euros had already been booked as a pre-order, and 274 million euros has now been booked as new orders.
Deliveries are scheduled to begin in 2026 and are expected to be completed by June 2027.
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