N7 Holding

Hungarian company N7 Holding Ltd to take part in the development of KF51 Panther

Land, Important / By Defence Industry Europe

Hungary, through its national defence industry innovation company N7 Holding Ltd, has entered into a strategic partnership with Rheinmetall.

The Hungarian state is building a new explosives plant to produce RDX (Research Department eXplosive) at its site in Várpalota, Hungary. Rheinmetall Denel Munition Pty (Ltd) from South Africa is supplying the necessary plant technology. Under the contract signed on 15 December 2022, a new plant will be built and operated by a joint venture consisting of Rheinmetall and N7 Holding, a state-owned Hungarian enterprise.

Rheinmetall wins triple-digit million-euro contract for explosives factory in Hungary

Land / By Defence Industry Europe

The Hungarian government is building a new factory to produce RDX explosives at a site in Várpalota, for which Rheinmetall Denel Munition is to supply the plant technology.