Rheinmetall, BAE Systems JV Gets UK Army Contract Worth More Than EUR17.5 Million
October 07 2020 - 6:07AM
Dow Jones News
By Olivia Bugault
Rheinmetall AG said Wednesday that joint-venture company
Rheinmetall BAE Systems Land has secured a U.K. defense contract to
upgrade and sustain the British Army's fleet of Fuchs/Fox vehicles,
an order worth more than 17.5 million euros ($20.5 million).
"Rheinmetall BAE Systems Land will address equipment-related
obsolescence issues and upgrade the system with the latest
generation of sensing capabilities," the German defense company
said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 07, 2020 05:52 ET (09:52 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Bae Systems (PK) (USOTC:BAESY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bae Systems (PK) (USOTC:BAESY)
Historical Stock Chart
From Apr 2023 to Apr 2024