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Rheinmetall, KNDS JV Bags Combat Vehicles Order from European Defense Group OCCAR

MT Newswires·10/29/2026 05:10:48
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05:10 AM EDT, 10/29/2026 (MT Newswires) -- Rheinmetall's (RHM.F) joint venture with tank manufacturer KNDS received an additional order for 69 Schakal wheeled infantry fighting vehicles from the European defense group Organisation Conjointe de Coopération en Matière d'Armement, or OCCAR. The German defense group said Thursday that the order placed with its Artec joint venture is worth in the medium three-digit million-euro range. Artec will deliver 35 of the ordered combat vehicles to the Bundeswehr of Germany and 34 to the Royal Dutch Land Forces between May 2032 and November 2033.