Rheinmetall eyes Hungarian digitalisation with JV
Rheinmetall has a strong presence in the Hungarian market, particularly with a contract to supply 218 KF41 Lynx tracked IFVs. (Photo: Rheinmetall)
Rheinmetall is setting up a JV with Hungarian partners to drive armed forces digitalisation in Hungary.
Rheinmetall is continuing its efforts to establish a JV in Hungary for armed forces digitalisation, after signing a preliminary agreement with 4iG and HM EI.
The partners aim to ‘participate in the digitalisation of the armed forces in Hungary and selected NATO member states in Central and Eastern Europe by developing digital combat system solutions as well as ground and flight simulation systems for the provision of most modern soldier training’, Rheinmetall announced on 16 May.
The JV is expected to begin operations in H2 2022.
Armin Papperger, CEO of Rheinmetall, said: ‘The joint venture, majority-owned by Rheinmetall, will be an integral part of our future digitalisation strategy for the defence industry… The location of the company also represents our special commitment to Hungary as a business location.’
Rheinmetall is already providing the Hungarian Army with 218 KF41 Lynx tracked IFVs under a contract worth more than €2 billion ($2.4 billion).
Rheinmetall acquired a 25% stake in 4iG under an agreement signed in January 2022.
More from Defence Notes
-
![Taiwan approved for purchase of $11 billion in weapons from US]()
Taiwan approved for purchase of $11 billion in weapons from US
The US State Department’s approval of a multi-billion-dollar sale of weapons to Taiwan includes tactical mission networks equipment, uncrewed aerial systems, artillery rocket systems and self-propelled howitzers as well as anti-tank guided missiles.
-
![US National Security Strategy prioritises advanced military capabilities and national industry]()
US National Security Strategy prioritises advanced military capabilities and national industry
The 2025 NSS has emphasised investment in the US nuclear and air defence inventory and national industry, but it leaves multiple unanswered questions on how the White House will implement this approach.
-
![Canada set to look away from its neighbour and across the Atlantic for partners]()
Canada set to look away from its neighbour and across the Atlantic for partners
While non-EU UK struggles to join the Security Action for Europe initiative, which provides loans for defence programmes, Canada has become the first country outside Europe to get access – and did so for a nominal fee.
-
![NATO experiments with solutions to integrate networks, AI and uncrewed systems]()
NATO experiments with solutions to integrate networks, AI and uncrewed systems
During the latest edition of the NATO DiBaX, the alliance tested multiple capabilities to inform requirements for future efforts.
