Rheinmetall completes acquisition of Spanish defence contractor Expal Systems
Rheinmetall AG has completed its takeover of all shares in Expal Systems S.A.U. of Madrid.
Rheinmetall AG has completed its takeover of all shares in Expal Systems S.A.U. of Madrid.
The Spanish Army has awarded two contracts to Expal Systems for the supply of 155mm artillery ammunition, with a total value exceeding EUR 45 million.
Expal Systems has signed a contract with the Spanish Army for the supply of ammunition for 81mm mortars.
Rheinmetall AG concluded a purchase contract to acquire the entire share capital of Expal Systems, a globally renowned ammunition maker.
The Lithuanian defence ministry has signed a contract with the Spanish company Expal Systems for the purchase of towed 120mm mortars.