Bundeswehr orders ammo in 1.3 bln eur Rheinmetall deal

The German military has ordered several hundred thousand artillery shells in a deal with Rheinmetall as it works to replenish stocks dented by the war in Ukraine, the defence company said on Tuesday.

Report informs via Reuters that Rheinmetall said it had been awarded a new framework contract for the supply of 155mm artillery ammunition, representing a potential order volume of around 1.2 billion euros ($1.35 billion).

The Bundeswehr also expanded an existing framework agreement for DM121 ammunition, more than doubling the contract from 109 million euros to 246 million euros, the company said.

Delivery of shells worth 127 million euros is due take place shortly, it added.