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Rheinmetall and KMW to upgrade Puma armoured vehicles for German army

Published 19/04/2023, 08:40
© Reuters. FILE PHOTO: The logo of Rheinmetall AG is seen at their Swiss plant in Zurich, Switzerland May 14, 2022. REUTERS/Arnd Wiegmann
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(Reuters) - Rheinmetall and Krauss-Maffei Wegmann (KMW) have received an order from the German army to upgrade 143 Puma infantry fighting vehicles, the companies said on Wednesday

The order for their joint venture PSM is valued at around 770 million euros ($843.92 million), they said in a joint statement.

According to the companies, they will retrofit the armoured vehicles with key capabilities for firepower and command and control by 2029.

The contract, which was signed in 2021, included two options for modernising the vehicles, both of which Berlin has decided to execute now.

In late 2022, the German government said it would not purchase any more Pumas until they had proven themselves reliable, after several were put out of service during a military drill.

© Reuters. FILE PHOTO: The logo of Rheinmetall AG is seen at their Swiss plant in Zurich, Switzerland May 14, 2022. REUTERS/Arnd Wiegmann

Germany has vowed to boost defence spending to modernise its military in the wake of the Ukraine war, with Chancellor Olaf Scholz's government making 100 billion euros available for defence investments.

($1 = 0.9124 euros)

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