"Rheinmetall" CEO Paberg said that in order to meet the large demand from Western countries and Ukraine, Rheinmetall will significantly increase the production of tank and artillery ammunition.

(Reuters)

[Instant News/Comprehensive Report] Western countries have recently aided Ukraine with a large number of modern main tanks (MBT) to enhance the combat power of the Ukrainian army. The manufacturer of the "Leopard 2" tank and a well-known weapon manufacturer, Germany's "Rheinmetall" (Rheinmetall) ) CEO Armin Papperger said that in order to meet the large demand from Western countries and Ukraine, Rheinmetall will significantly increase the production of tank and artillery ammunition, and may start production of "Hippocampus" high-mobility multiple launch rockets in Germany system (HIMARS).

According to a Reuters report, "Rheinmetall" produces many weapons and equipment, the most famous of which is the "Rh-120" 120mm smoothbore gun equipped on the "Leopard 2" tank. The production of 240,000 rounds of 120mm shells is far beyond the world's needs, and for the part of 155mm shells, it can be increased to 450,000 to 500,000 rounds per year. The largest manufacturer of millimeter shells.

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Since Russia invaded Ukraine last year, the demand for the above-mentioned artillery shells has soared. Not only does the Ukrainian army need to use them in large quantities, but Western countries also have a surge in demand in order to replenish their stocks and deal with threats from Russia.

Paberg mentioned that Rheinmetall intends to reach an agreement with Lockheed Martin of the United States at the Munich Security Conference in mid-February, with the goal of producing the Seahorse multiple-launch rocket in Germany in the future.

Paberg said that Rheinmetall has the technology to produce warheads and rocket engines, as well as trucks that can be equipped with launchers. This deal may lead to an investment of hundreds of millions of euros, and Rheinmetall will be the main provider of financing.

In addition, Rheinmetall is also focusing on operating a chemical powder factory in Saxony, hoping that the German authorities will invest. Paberg emphasized that this is an investment for national security. If there is a shortage of special chemical powder production, it may become an obstacle to increasing the production of shells. Hence the need for this factory.