Germany - 6 JULY 2009
Billion plus order for Rheinmetall: Go-ahead given for serial production of 405 Puma infantry fighting vehicles for the Bundeswehr.
Germany's order of 405 Puma infantry fighting vehicle is the largest-single contract in recent Rheinmetall history. The first of these newly developed combat vehicles will reach the Bundeswehr starting in 2010.
Worth approximately €3.1 billion, the procurement order has now been signed at the Federal Agency for Defence Technology and Procurement (BWB) in Koblenz. The contractor is PSM GmbH of Kassel, in which Rheinmetall AG of Düsseldorf and Krauss-Maffei Wegmann GmbH & Co. KG of Munich each hold a 50% stake. The Budget Committee of the German Parliament recently approved the start of serial production of the Puma, currently Europe's largest land system project.
"This is an important day for us. In terms of technology, the start of serial production of the Puma underscores Rheinmetall's cutting edge position, and clearly demonstrates the efficiency and effectiveness of the German defence industry as a whole", declares Klaus Eberhardt, Chairman of the Executive Board of Rheinmetall AG.
"The series order for the Puma makes sure that Germany maintains a world-class level of defence technology knowledge and expertise; it will also safeguard a lot of jobs for years to come", states Mr Eberhardt, going on to note that "the German government's decision to go ahead with the Puma project will spark global interest, and bolsters our competitive position worldwide".
The Puma is the German Army's most important force transformation project.
It provides its crews with a level of protection against asymmetric threats like landmines, rocket-propelled grenades and improvised explosive devices that no other vehicle in its class can match.
Thanks not least to its air-portability, outstanding mobility in rough terrain and excellent upgrade potential, the Puma is destined to play a key role in international crisis management. As well as offering unrivalled crew protection, the Puma sets a new standard for combat effectiveness and battlefield lethality: developed and manufactured by Rheinmetall, the vehicle's 30mm gun system and programmable Ahead airburst ammunition deliver compelling firepower.
Today, more than thirty years since the Bundeswehr first fielded the Marder infantry fighting vehicle, the Puma – with its expanded array of capabilities – constitutes an entirely new category of vehicle. Internationally, the Puma dominates the current field of armoured fighting vehicles.
In September 2002, the German Parliament authorized a project development contract for the new IFV, effectively giving a green light to the project. The procurement of five pre-production vehicles (worth around €350 million) was announced at the end of 2004. These vehicles successfully passed an exhaustive array of tests by the German military in March 2009.
Source: Rheinmetall Defence
The German MoD has awarded a production contract for 405 Puma Infantry Combat Vehicles.
Billion plus order for Rheinmetall: Go-ahead given for serial production of 405 Puma infantry fighting vehicles for the Bundeswehr.
Germany's order of 405 Puma infantry fighting vehicle is the largest-single contract in recent Rheinmetall history. The first of these newly developed combat vehicles will reach the Bundeswehr starting in 2010.
Worth approximately €3.1 billion, the procurement order has now been signed at the Federal Agency for Defence Technology and Procurement (BWB) in Koblenz. The contractor is PSM GmbH of Kassel, in which Rheinmetall AG of Düsseldorf and Krauss-Maffei Wegmann GmbH & Co. KG of Munich each hold a 50% stake. The Budget Committee of the German Parliament recently approved the start of serial production of the Puma, currently Europe's largest land system project.
"This is an important day for us. In terms of technology, the start of serial production of the Puma underscores Rheinmetall's cutting edge position, and clearly demonstrates the efficiency and effectiveness of the German defence industry as a whole", declares Klaus Eberhardt, Chairman of the Executive Board of Rheinmetall AG.
"The series order for the Puma makes sure that Germany maintains a world-class level of defence technology knowledge and expertise; it will also safeguard a lot of jobs for years to come", states Mr Eberhardt, going on to note that "the German government's decision to go ahead with the Puma project will spark global interest, and bolsters our competitive position worldwide".
The Puma is the German Army's most important force transformation project.
It provides its crews with a level of protection against asymmetric threats like landmines, rocket-propelled grenades and improvised explosive devices that no other vehicle in its class can match.
Thanks not least to its air-portability, outstanding mobility in rough terrain and excellent upgrade potential, the Puma is destined to play a key role in international crisis management. As well as offering unrivalled crew protection, the Puma sets a new standard for combat effectiveness and battlefield lethality: developed and manufactured by Rheinmetall, the vehicle's 30mm gun system and programmable Ahead airburst ammunition deliver compelling firepower.
Today, more than thirty years since the Bundeswehr first fielded the Marder infantry fighting vehicle, the Puma – with its expanded array of capabilities – constitutes an entirely new category of vehicle. Internationally, the Puma dominates the current field of armoured fighting vehicles.
In September 2002, the German Parliament authorized a project development contract for the new IFV, effectively giving a green light to the project. The procurement of five pre-production vehicles (worth around €350 million) was announced at the end of 2004. These vehicles successfully passed an exhaustive array of tests by the German military in March 2009.
Source: Rheinmetall Defence
The German MoD has awarded a production contract for 405 Puma Infantry Combat Vehicles.
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