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Rheinmetall received a framework contract from the German Armed Forces for artillery ammunition worth up to €8.5 billion. The framework agreement, originally valued at €1.3 billion, has been increased by €7.2 billion. Deliveries are to begin at the start of 2025, with a first tranche worth €880 million.
“The company announced on Thursday in Düsseldorf that it had received a framework contract from the German Armed Forces for artillery ammunition worth up to 8.5 billion euros.”marketscreener.com
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