Rheinmetall closes Loc Performance acquisition, as it eyes US-market expansion
The new pairing is targeting an annual revenue “north of” $1 billion by 2027, says Matthew Warnick, the American Rheinmetall Vehicles managing director.
Rheinmetall, HDT win Army S-MET Increment II downselect
The service awarded both companies a total of $22 million for each to produce eight prototypes for evaluation.
Modernizing defense enterprise IT without disrupting the mission
Government can’t stop to update systems, so modernization has to happen without interruptions.
Rheinmetall preparing to acquire Loc Performance by year’s end
The German-based company has sought to carve out a share of the US market, in part, by competing for the Army's ongoing Bradley replacement program and emerging artillery ones.