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RUAG: Major order from the Dutch army

Category: Defence Industry

Berne -- RUAG Ammotec, a subsidiary of the RUAG technology group, has bested international competition to secure a major order.

RUAG, the European leader in small calibre ammunition, will be manufacturing ammunition worth up to CHF 80 million for the Dutch army over the next five years.

RUAG is already supplying the Dutch police and army. However, this new order is the biggest single order in RUAG Ammotec's history. The company's facility in Thun manufactures a comprehensive range of 5.56 mm ammunition for the Dutch armed forces. The big new order will secure 35 jobs for a period of 5 years and will help to stabilize the fall in volume being experienced by such products as the GP 90, which is purchased by the Swiss Armed Forces.

RUAG Ammotec
07.04.2006

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