General Dynamics Ordnance and Tactical Systems and Rheinmetall Defence have formed a tank ammunition joint venture company named Defense Munitions International, LLC (DMI).
The new company will develop and market new and existing 120mm kinetic energy and multi-purpose cartridges for the US and international tank ammunition markets.
“This pioneering joint venture is a transatlantic extension of our chosen policy of internationalisation,” said Armin Papperger, member of the executive board of Rheinmetall AG.
“Thanks to DMI, we will be able to respond better to our global customer base’s desire for an increased product portfolio in the future as well as providing an expanded set of services.
“By joining forces, we aim to take the lead in the global market for tank ammunition.”
This joint venture is the culmination of the longstanding partnership between General Dynamics and Rheinmetall Defence.
For over a decade the two companies have worked together on numerous 120mm ammunition projects, such as the development and production of the KEW-A1 and KEW-A2 advanced tungsten kinetic energy ammunition for Abram’s users worldwide.
DMI combines the partners’ full range of development, production and sales activities of 120mm tactical ammunition for main battle tanks.
Select cartridge types and 120mm practice ammunition will not be part of this joint venture arrangement.
Michael Wilson, president of General Dynamics Ordnance and Tactical Systems, said, “We are excited about the creation of this joint venture with Rheinmetall.
“Our successful partnership over the last decade lays the foundation for this joint venture.
“Under DMI, we will continue to build upon that success within our existing customer segments while we expand our product offerings, including the Rheinmetall DM 11 multipurpose cartridge, recently fielded by the Marines, which adds another powerful capability to the warfighter’s arsenal.”
Additionally, Rheinmetall has fielded the DM 63 tungsten kinetic energy round for the German Bundeswehr and other NATO users of Leopard tanks. Under the joint venture, DMI will continue these efforts while working to add further improvements to the KEW family.
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