Rheinmetall Wins Germany’s €54M Puma IFV Contract

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  • 10:13 AM, January 9, 2020
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Rheinmetall Wins Germany’s €54M Puma IFV Contract

German Bundeswehr has awarded Rheinmetall €54 million ($60 million) to supply spare parts and special tools for the army’s fleet of Puma infantry fighting vehicles (IFVs).

Under a recently signed framework agreement, shipment of the spare parts, worth around €44 million ($49 million), is scheduled to begin in mid-2020, the company said in a statement Wednesday.

Shipments will be in response to call-offs, with the delivery period expected to cover a roughly two-year period. Delivery of the special tools, which form part of a separate order worth around €10 million ($11 million), will also take place during the 2020-2022 timeframe.