Business

April 22, 2012

General Dynamics, Rheinmetall Defence form tank ammunition joint venture company

General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics, and Rheinmetall Defence of Dusseldorf, Germany, have formed a tank ammunition joint venture company named Defense Munitions International, LLC.

The new company will develop and market new and existing 120mm kinetic energy and multi-purpose cartridges for the U.S. and international tank ammunition markets.

DMI combines the partners’ full range of development, production and sales activities of 120mm tactical ammunition for main battle tanks. By combining their activities in DMI, the two partners aim to broaden their global market access, expand production efficiencies and selectively engage in joint development work. Select cartridge types and 120mm practice ammunition will not be part of this joint venture arrangement.

This forward-looking joint venture is the culmination of the longstanding partnership between General Dynamics and Rheinmetall Defence. For over a decade the two companies have worked together on numerous 120mm ammunition projects, such as the development and production of the KEW-A1 and KEW-A2 advanced tungsten kinetic energy ammunition for Abram’s users worldwide.

Additionally, Rheinmetall has fielded the DM 63 tungsten kinetic energy round for the German Bundeswehr and other NATO users of Leopard tanks. Under the joint venture, DMI will continue these efforts while working to add further improvements to the KEW family. The company will also develop and produce advanced multi-purpose ammunition, leveraging the success of Rheinmetall’s DM 11 cartridge, which was recently fielded by the U.S. Marine Corps in Afghanistan.

As Armin Papperger, member of the executive board of Rheinmetall AG, explains, “This pioneering joint venture is a transatlantic extension of our chosen policy of internationalization. Thanks to DMI, we will be able to respond better to our global customer base’s desire for an increased product portfolio in the future as well as providing an expanded set of services. Our strategic relationship with General Dynamics, a joint venture for marketing and producing tactical tank ammunition, is the logical outcome of over ten years of working together successfully. By joining forces, we aim to take the lead in the global market for tank ammunition.”

Michael Wilson, president of General Dynamics Ordnance and Tactical Systems, said, “We are excited about the creation of this joint venture with Rheinmetall. Our successful partnership over the last decade lays the foundation for this joint venture. Under DMI, we will continue to build upon that success within our existing customer segments while we expand our product offerings, including the Rheinmetall DM 11 multipurpose cartridge, recently fielded by the Marines, which adds another powerful capability to the war fighter’s arsenal.”

 




All of this week's top headlines to your email every Friday.


 
 

 

News Briefs February 27, 2015

Ukraine will start pulling back heavy weapons in the east Ukraine’s military says it will start pulling back its heavy weapons from the front line with Russian-backed separatists as required under a cease-fire agreement. The Defense Ministry said in a statement Feb. 26 that it reserved the right to revise its withdrawal plans in the...
 
 

Northrop Grumman’s AstroMesh reflector successfully deploys for NASA’s SMAP satellite

The NASA Jet Propulsion Laboratory successfully deployed the mesh reflector and boom aboard the Soil Moisture Active Passive spacecraft, a key milestone on its mission to provide global measurements of soil moisture. Launched Jan. 31, SMAP represents the future of Earth Science by helping researchers better understand our planet. SMAP’s unmatched data capabilities are enabled...
 
 
NASA photograph by Brian Tietz

NASA offers space tech grants to early career university faculty

NASA photograph by Brian Tietz Tensegrity research is able to simulate multiple forms of locomotion. In this image, a prototype tensegrity robot reproduces forward crawling motion. NASA’s Space Technology Mission Director...
 

 
navy-china

USS Fort Worth conducts CUES with Chinese Navy

The littoral combat ship USS Fort Worth (LCS 3) practiced the Code for Unplanned Encounters at Sea (CUES) with the People’s Liberation Army-Navy Jiangkai II frigate Hengshui (FFG 572) Feb. 23 enhancing the professional ma...
 
 

AEGIS tracks, simulates engagement of three short-range ballistic missiles

The Missile Defense Agency and sailors aboard the guided-missile destroyers USS Carney (DDG 64), USS Gonzalez (DDG 66), and USS Barry (DDG 52) successfully completed a flight test involving the Aegis Ballistic Missile Defense weapon system. At approximately 2:30 a.m., EST, Feb. 26, three short-range ballistic missile targets were launched near simultaneously from NASA’s Wallops...
 
 

DOD seeks novel ideas to shape its technological future

The Defense Department is seeking novel ideas to shape its future, and officials are looking to industry, small business, academia, start-ups, the public – anyone, really – to boost its ability to prevail against adversaries whose access to technology grows daily. The program, called the Long-Range Research and Development Plan, or LRRDP, began with an...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>