Rheinmetall CEO: we can expand artillery production capacity
“We can expand our production to 600,000 to 700,000 artillery shells per year,” CEO of Rheinmetall Armin Papperger told German newspaper “Handelsblatt”.
“We can expand our production to 600,000 to 700,000 artillery shells per year,” CEO of Rheinmetall Armin Papperger told German newspaper “Handelsblatt”.
German Rheinmetall is the biggest producer of artillery ammunition in Europe. Currently, the company is producing up to 450,000 artillery rounds per year.
The agreement allows the joint purchase of 155mm artillery rounds and, if requested by Ukraine, missiles from economic operators from European Union or Norway.
We stand by our promise to support Ukraine and its people, for as long as it takes, said President of the European Commission Ursula von der Leyen.
The European Commission has adopted the Act in Support of Ammunition Production (ASAP) to urgently deliver ammunition and missiles to Ukraine and to help EU Member States refill their stocks.
Rheinmetall NIOA Munitions’ Queensland artillery shell plant is growing exponentially as it takes another important step towards full-rate production.
The European Union’s executive wants to set aside more than €500 million to increase ammunition production to help Ukraine and replenish the stocks of EU member countries.
The war in Ukraine has been recognized as a wake-up call for the EU which - for the first time - devoted funds for the supply of lethal weapons to a third country.
A European customer has awarded Rheinmetall a contract to supply tank ammunition.
General Dynamics Ordnance and Tactical Systems (OTS) has been awarded a $217 million task order to increase 155mm artillery projectile metal parts production.
The Lithuanian Ministry of National Defence plans to spend over EUR 3.1 billion on military stockpiles.
Germany and the UK will work together on the next phase of development for advanced armour-piercing tank ammunition for the Challenger 3 tank.
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