Rheinmetall, Northrop Grumman Enter Partnership on Ammunition Technology
April 19 2021 - 5:12AM
Dow Jones News
By Olivia Bugault
Rheinmetall AG said Monday that its South African subsidiary has
signed a ten-year partnership with U.S. aerospace-and-defense
technology company Northrop Grumman Corp. on precision-guided
extended-range artillery ammunition.
Under the deal signed in February, Rheinmetall Denel Munition
and Northrop Grumman plan to develop and supply "forward-looking
ammunition technology" to the market internationally, the U.S.
included, the German defense-and-automotive group said.
"The partnership will focus, above all, on achieving an enhanced
range 155mm artillery round fitted with an integrated M1156
precision guidance kit (PGK), as well as on developing a new 155mm
projectile with an improved integrated propulsion system," the
company said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
April 19, 2021 05:57 ET (09:57 GMT)
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