Spain buys Rheinmetall munitions amid calls for more ammo production (Defense News)

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    Spain buys Rheinmetall munitions amid calls for more ammo production – By Elisabeth Gosselin-Malo (Defense News) / Jan 17, 2024

    MILAN — Spain has answered the urgent call for European nations to ramp up ammo production by awarding local defense contractor Rheinmetall Expal Munitions a multimillion-dollar contract for 120mm munitions and issuing tenders for 155mm artillery shells.

    For months, defense officials across the continent have urged European Union members to pressure their arms industries to increase munitions production to alleviate the supply chain crisis.

    In mid-December, the Spanish government published notices stating it had ordered 120mm mortar shells, illuminating grenades, smoke grenades and other related explosive material from Rheinmetall Expal Munitions. The combined value of the listed contracts is estimated at $4.67 million.

    The German company Rheinmetall acquired the Spanish company, formerly known as Expal Systems, in August in a deal worth $1.3 billion. The purchased firm has continued its activities in Spain and has plans to expand.

    CONTINUE > https://www.defensenews.com/global/europe/2024/01/17/spain-buys-rheinmetall-munitions-amid-calls-for-more-ammo-production/

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