Friday, March 05, 2010

DTN News: Building On Five Years Of Success, Her Majesty's Armed Forces Extend Partnering Agreement With Rheinmetall

DTN News: Building On Five Years Of Success, Her Majesty's Armed Forces Extend Partnering Agreement With Rheinmetall Source: DTN News / Rheinmetall Defence (NSI News Source Info) DUSSELDORF, Germnay - March 6, 2010: Rheinmetall AG and Defence Equipment and Support (DE&S), the UK's defence procurement organisation, have agreed to extend their successful cooperation in the field of ammunition, which began in 2005, for another five years, with an option for a further two years. The partnering agreement represents a new order volume worth minimum €150 million for the period through to 2015. The parties now signed a contract to this effect at Rheinmetall Defence's regional office in Bristol. Rheinmetall Defence thus remains the sole non-UK company with which DE&S has concluded a partnership agreement for the supply of general munitions. Over the past five years, cooperation has extended to new munitions product areas due to the evolving requirements of the British military as well as Rheinmetall’s proven track record for quality and reliability. Over the last five years Rheinmetall Defence nearly doubled the volume of general munitions supplied to the troops of Her Majesty's armed forces.

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