Rheinmetall, a global player in military technology, has won a contract to supply the Spanish army with over 94,000 155mm artillery shells in a $208m deal, solidifying its position as a partner in defence solutions.
The ammunition procurement, slated for delivery between late 2024 and 2025, comes as the Spanish government seeks to bolster its military capabilities. This marks the second framework agreement between Rheinmetall and the Spanish army, highlighting the partnership built.
The artillery shells in question, specifically the ER02A1 high-explosive projectiles, have capabilities of up to 40km. Rheinmetall’s base-bleed variant incorporates a pyrotechnic device, optimising projectile performance and extending operational reach.
Beyond its significance for the Spanish Army, this contract shows Rheinmetall’s role in European ammunition development and production. With framework agreements with several Nato member states, Rheinmetall continues to ensure the supply of defence assets.
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By GlobalData
Rheinmetall’s recent strategic initiatives further show its commitment to advancing military technology. A ceremony held in Lower Saxony, Germany, marked the commencement of construction for a plant dedicated to explosives and rocket artillery components.
A memorandum of understanding signed with a Ukrainian partner also signals Rheinmetall’s expansion into artillery ammunition production in Ukraine, further enhancing its global footprint in defence manufacturing.
Rheinmetall is also expanding its ammunition plant in Hungary, adding production lines for 155mm shells and 120mm ammunition, amid European criticism for shortages in artillery ammunition capacity.
As geopolitical dynamics evolve, Rheinmetall’s dedication to strategic partnerships positions it well to meet the changing needs of military forces worldwide.
