Germany sells tanks, armored vehicles to Indonesia
German Rheinmetall Group will supply the Indonesian military with 102 modernised Leopard 2 main battle tanks, 42 upgraded Marder 1A3 infantry fighting vehicles and 11 armored recovery and engineering vehicles, the company announced according to Defense News.
The Düsseldorf-based company said the deal is worth roughly $290 million and includes training equipment, logistical support and ammunition. According to Rheinmetall, the delivery to the Indonesian Army will take place between 2014 and 2016, making the Southeast Asian country the 18th nation operating the Leopard 2. The contract with the Indonesian Ministry of Defense had been signed in December 2012, but legal formalities, such as the approval by the German Federal Security Council, needed to be passed.
Rheinmetall is seeking to boost its international business and views Asia as a fertile territory for future defense deals. The defense sector is focusing on the opening of new markets, with particularly attractive opportunities seen in Asia and the Middle East. To help broaden its base, Rheinmetall has founded a joint venture with industrial services company Ferrostaal. Rheinmetall International Engineering will plan and implement turnkey industrial facilities as general contractor or subcontractor.
German Rheinmetall Group will supply the Indonesian military with 102 modernised Leopard 2 main battle tanks, 42 upgraded Marder 1A3 infantry fighting vehicles and 11 armored recovery and engineering vehicles, the company announced according to Defense News. The Düsseldorf-based company said the deal is worth roughly $290 million and includes training equipment, logistical support and ammunition. According to Rheinmetall, the delivery to the Indonesian Army will take place between 2014 and 2016, making the Southeast Asian country the 18th nation operating the Leopard 2. The contract with the Indonesian Ministry of Defense had been signed in December 2012, but legal...
German Rheinmetall Group will supply the Indonesian military with 102 modernised Leopard 2 main battle tanks, 42 upgraded Marder 1A3 infantry fighting vehicles and 11 armored recovery and engineering vehicles, the company announced according to Defense News.
The Düsseldorf-based company said the deal is worth roughly $290 million and includes training equipment, logistical support and ammunition. According to Rheinmetall, the delivery to the Indonesian Army will take place between 2014 and 2016, making the Southeast Asian country the 18th nation operating the Leopard 2. The contract with the Indonesian Ministry of Defense had been signed in December 2012, but legal formalities, such as the approval by the German Federal Security Council, needed to be passed.
Rheinmetall is seeking to boost its international business and views Asia as a fertile territory for future defense deals. The defense sector is focusing on the opening of new markets, with particularly attractive opportunities seen in Asia and the Middle East. To help broaden its base, Rheinmetall has founded a joint venture with industrial services company Ferrostaal. Rheinmetall International Engineering will plan and implement turnkey industrial facilities as general contractor or subcontractor.
