Rheinmetall Set to Bag Fuchs 2 Armored Carriers Deal with Algeria

  • Our Bureau
  • 12:51 PM, June 19, 2014
  • 3806
Rheinmetall is set to sign a $2.7 billion deal for the production of 980 Fuchs 2 armored vehicles with Algeria, according to reports. 
 
Germany is not only delivering armored carriers but also a complete vehicle factory, Handelsblatt reported. It added the contract for the Fuchs 2 personnel carriers is a part of $15 billion worth bundle deals with North African countries including German companies, ThyssenKrupp and Daimler.
 
The Angela Merkel government has promoted controversial weapon deals to middle-east countries, Saudi Arabia, Qatar and the United Arab Emirates previously.
 
In 2013, Algeria became the country with the most German arms export licenses and is scheduled to receive €826 million worth of trucks, armored-vehicle parts and other goods. 
Also Read

Algeria Orders New Russian Helicopters Worth $2.7 Billion

March 11, 2014 @ 09:30 AM

Algerian Navy Launch Future Flagship

January 21, 2014 @ 04:22 PM

Algerian Ministry of Defence Orders Naval Ship from Orizzonte Sistemi Navali

July 29, 2011 @ 12:00 AM
FEATURES/INTERVIEWS
© 2024 DefenseMirror.com - ALL RIGHTS RESERVED