Business • Page 22 of 179 • The Defense Post

Jun- 2024 -

24 June

Damen Naval to Deliver Two Additional F126 Frigates to Germany

The German Navy has tapped Damen Naval to deliver two more Niedersachsen-class (F126) frigates, increasing the fleet's size to six.

24 June

Inder Singh Bisht

France Greenlights High Precision KNDS Artillery Shell Development

The French defense procurement agency has contracted KNDS France for its support in developing the Katana high precision guided ammunition.

24 June

Inder Singh Bisht

Canadian Military to Receive Over 1,500 Mercedes-Benz Zetros Trucks

Mercedes-Benz Special Trucks will deliver over 1,500 Zetros logistics trucks to the Canadian Armed Forces.

24 June

Juster Domingo

KNDS, Leonardo Cancel Battle Tank, IFV Partnership

KNDS and Leonardo have called off a potential partnership to develop Leopard 2 A8 battle tanks and a new infantry fighting vehicle.

21 June

Joe Saballa

Honeywell to Acquire EW Tech Maker CAES for $1.9B

American defense giant Honeywell has announced plans to acquire CAES Systems Holdings for $1.9 billion.

21 June

Inder Singh Bisht

Kongsberg Unveils Maneuverable Short-Range Air Defense System

Kongsberg Defence & Aerospace unveiled a highly mobile, ground-based air defense system designed for maneuvering army units.

21 June

155-millimeter artillery ammunition is manufactured at Rheinmetall

Staff Writer With AFP

Rheinmetall Gets Record $9.1B Ammo Order

German weapons manufacturer Rheinmetall said Thursday it received a record 8.5 billion euro ($9.1 billion) order for artillery ammunition from the country’s armed forces, with some destined for allies including Ukraine. The order from the military, which is in the midst of an overhaul triggered by Russia’s war in Ukraine, is for 155 mm rounds. The commonly used rounds are crucial for Ukraine’s outgunned forces, which have suffered battlefield setbacks against Moscow in recent times amid manpower and ammunition shortages. “The main purpose of the order is to replenish the stocks held by the Bundeswehr and its allies, as well as to provide support to Ukraine in its defence campaign,” said Rheinmetall in a statement. Rheinmetall chief executive Armin Papperger hailed “the largest order in our company’s recent history.” Deliveries will begin at the start of 2025. As well as Ukraine, the Netherlands, Estonia, and Denmark are participating in the order, the company said. The contract will ensure enough work for a new factory that Rheinmetall is building in Lower Saxony state, northwestern Germany, the Düsseldorf-based company said. Kyiv’s European allies have struggled to produce enough ammunition to help Ukraine in its fight against Russia. Rheinmetall has been racing to …

20 June