Jun 30, 2022

- American Rheinmetall Munitions awarded contract with U.S. Navy to develop 30mm x173 airburst munition. - Rheinmetall’s solution enhances existing and future Naval Gun Weapon Systems against current and emerging threats. - This award demonstrates a growing commitment to develop innovative solutions for all branches of the U.S. Armed Forces. Rheinmetall to develop a new medium caliber ammunition for the U.S. Navy: The Group’s subsidiary American Rheinmetall Munitions, Inc. based in Stafford, VA has been awarded a $14.3 million (€13.5 million) contract under a U.S. Navy other transaction agreement (OTA) to prototype a low-cost engagement capability that increases the effectiveness of existing and future Naval gun weapon systems against air and surface threats. The resulting prototype system will lead to an Initial Operating Capability for the 30mm x 173 MK 340 MOD 0 Kinetic Energy Electronically Timed (KEET) airburst munition. The MK 340 KEET is derived from the NATO-qualified Rheinmetall 30mm x 173 Kinetic Energy Timed Fuze (KETF) cartridge currently fielded by the Australian, German, and Hungarian militaries. The system will provide significant lethality improvements and a reduction in rounds fired due to the increased first-round hit probability. “We are excited to deliver our next-generation lethality solutions to the U.S. Navy for the first time. This award further demonstrates American Rheinmetall’s ability to bring innovative technologies into the hands of our U.S. Joint Force,” said American Rheinmetall Munitions CEO John Somich. The company is presently expanding its role as a major supplier of innovative, next-generation weapons and ammunition in the U.S., drawing on a global portfolio of world-class munitions and armaments offered by Rheinmetall and its affiliates. For example, American Rheinmetall Munitions is currently producing game-changing solutions including 40mm airburst fuzing for the U.S. Army and the PGU-48/B Frangible Armor Piercing cartridge for the U.S. Air Force F35A Joint Strike Fighter. The company has been producing and supplying high-performance practice and direct fire service ammunition for American military and law enforcement customers for several decades. American Rheinmetall Munitions is part of the American Rheinmetall family of U.S. defense companies which includes American Rheinmetall Systems in Biddeford, ME, American Rheinmetall Vehicles in Sterling Heights, MI, and U.S. corporate parent American Rheinmetall Defense in Reston, VA. Anlagen