Rheinmetall to build new plant for supplying shells to Ukraine
Photo: Rheinmetall CEO Armin Papperger (Vitalii Nosach, RBC-Ukraine).
Rheinmetall is to build a new ammunition plant in Germany. The shells will be supplied to Ukraine, among others, according to Rheinmetall CEO Armin Papperger.
Papperger dismisses the accusations of slow delivery. "The pace is fast: what used to take ten years is now being done in a few months. We will now build a new munitions plant in Germany in record time to ensure strategic security of supply."
He notes the good cooperation between the German government and the arms industry.
"A lot has changed for the better in military procurement. Last year, Rheinmetall alone received orders or framework agreements worth more than €10 billion from the federal government for the Bundeswehr and Ukraine. This year this amount will increase to at least 15 billion," he says.
Joint venture with Ukraine
As a reminder, the German concern Rheinmetall plans to launch its plant in Ukraine in 2024. The first weapons will be produced six months after the launch.
The German Federal Antimonopoly Office allowed Rheinmetall to establish a joint venture with Ukraine at the end of September 2023.
