01/08/2024 | Press release
Major order from the Spanish Army: Rheinmetall receives framework contract for around half a million propelling charges for 155mm projectiles
- Rheinmetall receives framework agreement for propellant charge modules worth up to €205 million gross
- Commissioning planned within 24 months
- Contract includes extension option for two additional years
The Spanish Army has signed a framework agreement with Rheinmetall to supply around half a million modular propellant systems for 155mm extended-range artillery ammunition. The order is worth up to €205 million and is scheduled for delivery from mid-2024 to the end of 2025. It was booked in July 2024. The order includes an extension option for a further two years, which could significantly increase its value.
Against the backdrop of the Russian attack on Ukraine, the Spanish army also intends to replenish its ammunition stocks. In this context, the procurement of propellant charge systems for the M109 and SIAC 155mm calibre howitzers is taking place.
The current contract signing is one of several orders placed by the Spanish army this year. In April 2024, Rheinmetall announced that the Group had received an order to supply mortar shells in the high double-digit million euro range. In March 2024, Rheinmetall received an order to supply 155mm artillery ammunition worth over €200 million by the end of 2025.
Rheinmetall is one of the world's leading manufacturers of large-calibre ammunition and propellant systems. In modern artillery, projectiles and propelling charges are loaded separately in order to achieve different ranges.
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