East Asia and Pacific Region
$4.28 Billion Boxer Multipurpose Combat Vehicles Are Partly Effective
The tender process for the Australian Army’s new fleet of combat reconnaissance vehicles totalling nearly $4.28 billion was only “partly effective”, learned GDC citing Canberra Times. The Auditor-General’s report into a 2018 Department of Defence […]
Defense Industry
Rheinmetall purchases Spainish weapons manufacturer Expal
German defense firm Rheinmetall AG has acquired Spanish ammunition developer Expal Systems. The 1.2-billion-euro ($1.2 billion) acquisition will see Expal become Rheinmetall’s core ammunition, propellant, and weapons business. By acquiring Expal, the German company will […]
Europe
Rheinmetall to build and repair main battle tanks in Ukraine
Rheinmetall will open an armored vehicle plant in Ukraine within the next 12 weeks, shrugging off concerns other Western defense companies reportedly have about building a presence in the country while it is at war with Russia. […]
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