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.


 
 

 

Headlines January 23, 2015

News: Two Marines identified in deadly California helo crash - Two Marine Corps officers killed when their helicopter crashed during a training exercise in the Southern California desert were remembered Jan. 25 as talented pilots. Greek F-16 crashes in Spain during NATO exercise - Ten people died Jan. 26 after a Greek air force F-16 jet crashed...
 
 

News Briefs January 26, 2015

Navy wants to increase use of sonar-emitting buoys The U.S. Navy is seeking permits to expand sonar and other training exercises off the Pacific Coast, a proposal raising concerns from animal advocates who say that more sonar-emitting buoys would harm whales. The Navy now wants to deploy up to 720 sonobuoys about 12 miles off...
 
 
Air National Guard photograph by SSgt. Annie Edwards

ANG conducts air refueling training with NATO allies in Germany

Air National Guard photograph by SSgt. Annie Edwards A NATO E-3A AWACS aircraft approaches a Utah Air National Guard KC-135R Stratotanker for air refueling during a training flight over Germany on Jan. 13, 2015. Nearly 30 airme...
 

 
Air Force photograph by SrA. Armando A. Schwier-Morales

Ramstein Airmen train with French air force

Air Force photograph by SrA. Armando A. Schwier-Morales Two U.S. Air Force pilots and a French air force navigator discuss the route to the drop zone during a simulated low-level drop Jan. 21, 2015, at Orleans – Bricy Air...
 
 

Marines receive first F-35C Lightning II carrier variant

The first F-35C Lightning II, carrier variant, for the U.S. Marine Corps touched-down on the flight line at Eglin Air Force Base, Fla., Jan. 13, from the Lockheed Martin plant in Fort Worth, Texas, to begin training in support of carrier-based operations. U.S. Marine Lt. Col. J.T. Ryan, Marine Fighter Attack Squadron 501 detachment commander...
 
 

VA announces single regional framework under MyVA initiative

The Department of Veterans Affairs announced Jan. 26 that it is taking the first steps under the MyVA initiative to realign its many organizational maps into one map with five regions to better serve Veterans. The new regions under the MyVA alignment will allow VA to begin the process of integrating disparate organizational boundaries into...
 




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>