Rheinmetall has been awarded two contracts, worth a total of €87m, for equipping the Canadian armed forces.

The first contract, worth €70m, involves supplying the Canadian Army with a total of 304 automatic grenade launcher systems and accompanying ammunition.

The launchers will be deployed under the C16 – Automatic Grenade Launcher System designation.

The order also includes 250,000 rounds of 40mm practice and service ammunition, to be delivered in several lots.

The second contract, worth €17m, is to modernise and overhaul 42 Leopard main battle tanks taken over from the Dutch armed forces by the Canadian Army.

The tanks will be refitted to meet Canadian Army standards and to enable integration into existing C4I structures.

The launchers will be delivered to the army by January 2012 and the refit programme will start from 2012.