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 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
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
As part of an effort to expand its operations in Romania and Europe overall, Rheinmetall is acquiring a controlling stake in Romanian vehicle maker Automecanica Mediaș. The announcement follows an …
Rheinmetall Acquires Majority Stake In Romanian Military Vehicle Maker Read More
The U.S. Army has canceled its solicitation for an optionally manned fighting vehicle (OMFV) to replace the Bradley after only one company submitted a bid. The service was pursuing the …
U.S. Army Pulls Plug on Optionally Manned Fighting Vehicle Read More
Despite the formation of the cross-border KNDS (KMW + Nexter Defense Systems) venture, not much has changed at Nexter or Krauss-Maffei Wegmann. But things are starting to accelerate in European …
KNDS Holds Steady as Rheinmetall Looks to Join Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. British defense giant BAE Systems has sold a majority stake in its Land UK tank and combat vehicle division to German competitor …
Rheinmetall and BAE Systems Establish U.K.-Based Land Systems Joint Venture Read More