In a landmark deal, Rheinmetall has been awarded the largest order in its history for military trucks by the German Armed Forces (Bundeswehr). The framework contract allows for the delivery of up to 6,500 vehicles with a total value of up to EUR3.5 billion ($3.75 billion).
This major procurement follows the approval of funding by the German Parliament’s Budget Committee on June 26, 2024. The contract was officially signed on July 1, 2024, by Annette Lehnigk-Emden, President of the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw), and representatives of Rheinmetall MAN Military Vehicles (RMMV).
The agreement includes an initial order for over 610 vehicles valued at EUR312 million ($334 million), with 250 trucks scheduled for delivery in 2024. Funding for this initial call-off will primarily come from the Bundeswehr’s special funds. Rheinmetall AG will recognize this order in its third fiscal quarter of 2024.
The framework contract offers the Bundeswehr flexibility by allowing them to order additional quantities of existing, unprotected transport vehicles (UTF) in 5-ton and 15-ton variants over a seven-year period. Additionally, the agreement introduces a new vehicle category – the 4×4 UTF 3.5t truck. This new model is designed to share maximum parts compatibility with the existing UTF family for easier maintenance and logistics. UTF is based on the HX-family of RMMV.
A military history enthusiast, Richard began his career at Forecast International as editor of the World Weapons Weekly newsletter. As the Internet became central to defense research, he helped design the company’s Forecast Intelligence Center and now coordinates the FI Market Recap newsletters for clients. He also manages two blogs: Defense & Security Monitor, which covers defense systems and international security issues, and Flight Plan, focused on commercial aviation and space systems.
For more than 30 years, Richard has authored Defense & Aerospace Companies, Volume I (North America) and Volume II (International), providing detailed data on major aerospace and defense contractors. He also edits the International Contractors service, a database tracking all companies involved in programs covered by the FI library. Richard currently serves as Manager of the Information Services Group (ISG), which develops outbound content for both Forecast International and Military Periscope.
