Category: Contracts
Rheinmetall Denel Munition of South Africa, a subsidiary of the Düsseldorf-based Rheinmetall Group, has won several major orders from an international customer for mine clearing equipment and ammunition. In total, the contracts are expected to be worth over ˆ90 million. In March the customer ordered two Plofadder mine clearing systems and accompanying training devices as well as ammunition, with a total value of over ˆ28 million. The Plofadder mine clearing system is a leader in its market segment. It fires rockets to create a ladder-like demolition zone, which is capable of cutting a 160-metre-long, nine-metre-wide lane through a minefield. A further partial order for ammunition has been announced for the second quarter of 2017. This contract will be worth around ˆ65 million. These important orders underscore once again Rheinmetall’s leading role in the world of weapon and ammunition systems. A high-tech enterprise dedicated to the twin imperatives of security and mobility, its range of products here extends from infantry weapons to high-energy laser effectors. |
Rheinmetall |
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