Rheinmetall Receives Over €30 million Ammunition Orders from Two NATO Members

Rheinmetall armaments group has received orders for ammunition supplies from two European NATO member states, the company said on Wednesday.

Both countries had ordered programmable cartridges which will be used primarily to combat drones. Deliveries are due to take place this year and in 2024.

One has also signed a seven-year framework agreement for 300,000 rounds of 40mm ammunition and already called for the first delivery of 75,000 rounds.

Rheinmetall put the total value of the contracts at more than €30 million ($32.2 million).