Rheinmetall has secured a contract worth more than €400m to supply ammunition for an undisclosed military customer.

Deliveries under the contract will run for a period of seven years.

Details of the ammunition to be provided under the contract were not disclosed.

The contract follows an agreement signed between Rheinmetall, General Dynamics (GD) Ordnance and Tactical Systems (GD-OTS) and the Canadian Government earlier this month to produce Omnitrap decoy ammunition for the Canadian Navy over a 30-year period.

"Deliveries under the contract will run for a period of seven years."

Under the agreed terms, Rheinmetall will supply key components that are required to produce decoy ammunition, besides providing technical assistance in the installation of an assembly line at the General Dynamics facility in Repentigny, Quebec, where final assembly will take place.

With production and sales locations in more than 15 countries, Rheinmetall Defence produces a wide range of weapons and munitions.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Rheinmetall Defence's product portfolio includes medium and large-calibre solutions, ammunition, infantry products and pyrotechnic devices, as well as warhead and propellant technology for missiles and torpedoes.

It produces a medium-calibre automatic cannon for the Eurofighter, naval patrol craft and infantry fighting vehicles, as well as the main armament of the Leopard main battle tank.

Rheinmetall Defence currently employs 10,000 people and generated €2.6bn in sales in 2015.