Rheinmetall and Indra Group sign memorandum of understanding to strengthen their strategic partnership - with a major vehicle contract in their sights
Germany, March 30 -- Dusseldorf-based Rheinmetall AG and the Spanish technology Group Indra have signed a strategic agreement (memorandum of understanding) to further deepen their strategic cooperation, particularly in the production of military vehicle systems for European and Latin American Armed Forces. The next step is to establish a joint venture later this year in order to bid on a Spanish Army contract for the procurement of up to 3,000 military trucks.With this agreement, both companies intend to expand their existing partnership and jointly address future projects in the field of modern defence and security technologies.This includes the modernization of tracked armoured vehicles, activities in the field of tactical support vehicle...
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