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Rheinmetall [RHM], a German defense company, has disclosed its receipt of a substantial artillery ammunition production order for Armed Forces of Ukraine.
The order for tens-of-thousands of shells will be delivered in 2025 and Rheinmetall will also fulfil earlier orders of rounds for Ukraine in 2024.
Rheinmetall acquires Spanish defence contractor, Expal Systems, to systematically increase its ammunition production capacity.
Move significantly expands the Group's ammunition production capacity Rheinmetall AG has completed its takeover of all shares in Expal Systems S.A.U. of Madrid....