IDV: first MUV 4×4 TCN vehicle officially handed over to Austrian military
On March 18, the Austrian Minister of Defence, Klaudia Tanner, handed over the first unit of IDV’s MUV 4×4 TCN vehicle to the Austrian Armed Forces.
Rheinmetall acquires Dutch startup REEQ
Rheinmetall has acquired the Dutch startup REEQ, thereby expanding its vehicle portfolio to include innovative light hybrid vehicles.
Alzchem Group receives EUR 34.4 million in EU funding
Alzchem Group AG has been awarded an investment grant of EUR 34.4 million by the EU Commission as part of the ASAP ("Act in Support of Ammunition Production") funding instrument.
Sweden supports Czech ammunition initiative for artillery shells to Ukraine
Sweden intends to provide EUR 30 million in support for a Czech ammunition initiative for artillery shells to Ukraine.
Rheinmetall and ROMARM to build powder factory in Romania
The Romanian company ROMARM and the German Rheinmetall are set to undertake the project of constructing a powder factory in Romania.
German defence industry to boost ammunition production
German armament and chemical firms are set to receive a significant portion of the new EU funding dedicated to boosting European ammunition and missile production capabilities.
Hyundai Rotem delivers another batch of K2 tanks to Poland
Earlier this week, the South Korean defence company Hyundai Rotem delivered another three K2 main battle tanks to Poland.
Nordic Response demonstrated NATO’s ability to defend the Nordic countries
In Nordic Response 24, Finland trained and exercised for the first time defending the northern areas of NATO in a situation framework in accordance with Article 5.
Lithuanian Armed Forces take delivery of 35 more JLTVs
Lithuanian Ministry of National Defence has begun the second stage of JLTV Joint Light Tactical Vehicle acquisition.
Finnish defence industry to ramp up ammunition production with EU grants
The Finnish defence industry has been granted EUR 32.5 million in EU funding for ramping up its ammunition production.
European Commission allocates €500 million to ramp up ammunition production
The European Commission allocated the €500 million foreseen under the Act in Support of Ammunition Production (ASAP).
Rheinmetall backlog climbs to around EUR 38 billion
Düsseldorf-based Rheinmetall AG is benefiting from the ongoing upswing in the defence sector and is continuing its growth trajectory.