Rheinmetall, BAE Systems JV Gets UK Army Contract Worth More Than EUR17.5 Million
07 Oktober 2020 - 12:07PM
Dow Jones News
By Olivia Bugault
Rheinmetall AG said Wednesday that joint-venture company
Rheinmetall BAE Systems Land has secured a U.K. defense contract to
upgrade and sustain the British Army's fleet of Fuchs/Fox vehicles,
an order worth more than 17.5 million euros ($20.5 million).
"Rheinmetall BAE Systems Land will address equipment-related
obsolescence issues and upgrade the system with the latest
generation of sensing capabilities," the German defense company
said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 07, 2020 05:52 ET (09:52 GMT)
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