Rheinmetall bags €135 million contract from defence company KNDS

The Rheinmetall AG logo can be seen on the facade of an administration building. Henning Kaiser/dpa

German automotive and arms maker Rheinmetall announced on Tuesday that it has received a contract order worth €135 million ($144 million) from KNDS Germany, a defence equipment maker.

The contract is to supply core components for 22 self-propelled howitzers PzH 2000.

Rheinmetall will deliver 22 weapon systems L52 of 155 mm calibre and just as many chassis for the PzH 2000 for the German Bundeswehr, or armed forces.

Following final system integration and commissioning at Rheinmetall in Unterluess, the first of these artillery systems will be delivered to the Bundeswehr in the summer of 2025.

© Deutsche Presse-Agentur GmbH