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.
The new pairing is targeting an annual revenue “north of” $1 billion by 2027, says Matthew Warnick, the American Rheinmetall Vehicles managing director.
The service awarded both companies a total of $22 million for each to produce eight prototypes for evaluation.
Government can’t stop to update systems, so modernization has to happen without interruptions.