A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Defense industry giants Leonardo and Rheinmetall have officially formed a new joint venture, Leonardo Rheinmetall Military Vehicles (LRMV), dedicated to the development and production of military combat vehicles. This partnership …
Leonardo and Rheinmetall Join Forces to Create European Combat Vehicle Powerhouse Read More
KNDS has taken a significant step in supporting Ukraine, officially opening a subsidiary in Kyiv. The new subsidiary, KNDS Ukraine LLC, will serve as a central hub for coordinating the …
KNDS Opens Kyiv Subsidiary to Bolster Ukrainian Military Support Read More
Babcock International Group, in partnership with Supacat, has been awarded a new contract to build an additional 53 High Mobility Transporter (HMT) Jackal 3s for the British Army. Designed by …
British Army Orders 53 More Jackal 3 High Mobility Transporters Read More
Rolls-Royce, FFG Flensburger Fahrzeugbau Gesellschaft, and transmission specialist ZF have unveiled a joint initiative to modernize the Leopard 1 family of armored vehicles. The project aims to replace the aging …
Rolls-Royce, FFG Develop Concept for MTU 8V199 Repowering of Wisent 1, Leopard 1 Read More
The Danish Army has finalized an order for 115 CV90 MkIIIC combat vehicles from BAE Systems Hägglunds in a deal valued at DKK9.975 billion ($1.5 billion). The deal was publicly …
Denmark Finalizes Deal for 115 CV90 MkIIIC Combat Vehicles Read More
In a move that will significantly expand its business with the US military, Rheinmetall has agreed to acquire US-based vehicle specialist Loc Performance for $950 million. The deal strengthens Rheinmetall’s …
Rheinmetall Bolsters US Presence with $950 million Loc Performance Acquisition Read More
Rheinmetall will supply 14 Leopard 2A4 main battle tanks and one Buffalo armored recovery vehicle to the Czech Republic. This deal is part of a German government-initiated “ring swap” program …
Czech Republic to Receive Leopard 2 Tanks from Rheinmetall in Ukraine Aid Program Read More DUSSELDORF — Rheinmetall AG announced robust sales growth and increased revenue for the first half of 2024. The company’s strong performance is attributed to increased orders from the German armed …
Defense Boom Drives 33% Sales Surge for Rheinmetall Read More
Hanwha Aerospace signed a contract with Romania to supply 54 K9 Self-Propelled Howitzers (SPH) and 36 K10 Ammunition Resupply Vehicles (ARV). Signed on 9th July by Hanwha Aerospace and the …
Romania Boosts Artillery Firepower with K9 Howitzers from Hanwha Aerospace Read More
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 …
Rheinmetall Lands Record EUR3.5 Billion Bundeswehr Order for Up to 6,500 Military Trucks Read More