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.
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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.