Largest order in company history

The Duesseldorf-based technology group Rheinmetall has received a framework contract from the Bundeswehr for the delivery of 155mm artillery ammunition worth up to €8.5 billion gross. The contract was signed on 20 June 2024 by Annette Lehnigk-Emden, President of the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw), and representatives of Rheinmetall in Koblenz at the office’s headquarters.

An existing framework contract has been expanded considerably. The main purpose of the order is to replenish the stocks held by the Bundeswehr and its allies, as well as to provide support to the Ukraine in its defence campaign.

Deliveries are to begin at the start of 2025. The primary purchaser will be the Federal Republic of Germany, which will provide part of the supplies to the Ukraine. Additionally, the partner countries of the Netherlands, Estonia and Denmark are also participating in the order.

At the same time, an initial call-off from the framework contract was contracted to ensure the capacity utilisation of the new factory being built in Unterluess (Lower Saxony) in Germany during the start-up phase. This order also comprises the delivery of 155mm calibre projectiles in different versions with a gross order value of around €880m. Deliveries are also scheduled to begin in 2025. Further increased call-offs are also expected in the coming years.

The complete press release can be found here.