Rheinmetall partners with Honeywell, secures Danish defence contract [Yahoo! Finance]
RHEINMETALL AG UNSP/ADR (RNMBY)
NASDAQ:AMEX Investor Relations:
rheinmetall.com/en/rheinmetall_ag/corporate_social_responsibility/stakeholder_2/investoren_2/index.php
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Source: Yahoo! Finance
The agreement outlines a partnership to jointly develop advanced visual systems and auxiliary power units for vehicles, the company said in a press release. In a separate statement, Rheinmetall also announced it received a major order in the low three-digit million euro range from Denmark in the field of mobile air defence. The contract includes an order for 16 Skyranger 30 air defence turrets and additional vehicle equipment for an 8x8 wheeled platform for the Danish armed forces. Denmark has also ordered ammunition, the company said. Deliveries of the serial turrets are scheduled for 2027 and 2028, while a prototype is expected to be delivered in late 2026. The company added that Austria has placed an order for the procurement of 36 Skyranger 30 systems as the first customer. Other NATO and EU member states are also planning to procure the system or have already initiated the process. Regarding its deal with Honeywell, Rheinmetall noted that both companies intend to devel
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