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.


 
 

 
LM-F35-hours

F-35 fleet surpasses 15,000 flying hours

The Lockheed Martin F-35 Lightning II fleet recently surpassed 15,000 flight hours, marking a major milestone for the program.  “Flying 15,000 hours itself demonstrates that the program is maturing, but what I think is e...
 
 

Raytheon awarded first international contract for Paveway IV

Raytheon has received a contract from an international customer for Pavewayô IV precision guided bombs valued at more than $200 million. As part of the sale Raytheon will deliver hundreds of the advanced munitions, which are regarded as the ‘weapon of choice’ for the Royal Air Force. The contract represents the first sale of Pavewayô...
 
 
Northrop Grumman photograph

Northrop Grumman dedicates Aircraft Integration Center of Excellence in Florida

Northrop Grumman photograph Tom Vice, corporate vice president and president, Northrop Grumman Aerospace Systems, addresses the media with, from left, Florida State Sen. John Thrasher, Florida Gov. Rick Scott, U.S. Rep. Ron DeS...
 

 

Lockheed Martin GMLRS alternative warhead logs successful flight test series, shifts to next testing phase

Lockheed Martin successfully conducted the fifth and final Production Qualification Test for the new Guided Multiple Launch Rocket System Alternative Warhead recently at White Sands Missile Range, N.M. During the long-range test, four rockets were fired from a HIMARS launcher and destroyed their respective targets approximately 65 kilometers away. The test is the final milestone...
 
 

Forecast International expects UAV market to rise strongly through next decade

The wars in Iraq and Afghanistan sent unmanned aerial vehicle production to record heights, but with the last U.S. military troops in Afghanistan slated to depart the country this year, the Pentagon’s demand for unmanned air vehicles is slackening. However, while fewer UAVs are expected to roll off the production lines from 2014 to 2023,...
 
 
sikorsky-china

China certifies Sikorsky S-76D™ helicopter

Sikorsky Aircraft Corp. announced April 15 that the Civil Aviation Administration of China has issued a validation type certificate for the S-76D™ aircraft, allowing Sikorsky to begin delivering the commercial helicopter  to...
 




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>