By Olivia Bugault

 

Rheinmetall AG said Tuesday that it has won an order for lightweight components worth close to 60 million euros ($71.5 million) through its joint venture with Huayu Automotive Systems Co. Ltd., or HASCO, a Chinese auto parts manufacturer.

The order is for structural components to be installed in vehicles for a premium German automaker, the German defense-and-automotive company said.

The contract will run for 8 years and delivery will begin in 2024, it said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

June 22, 2021 04:46 ET (08:46 GMT)

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