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Rheinmetall denies Challenger 2 upgrade contract speculation

19th March 2021 - 12:57 GMT | by Flavia Camargos Pereira in London

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Rheinmetall has poured cold water on social media speculation about signing a £750 million ($1.4 billion) contract from the UK to upgrade Challenger 2 MBTs, saying instead that is still negotiating with the MoD. The future of the MBT Life Extension Programme will be defined by the second part of the Integrated Review.

After speculation ran on social media on 18 March saying that Rheinmetall and the UK MoD have signed a £750 million ($1.4 billion) contract to upgrade the Challenger 2, the German company claimed that that is still negotiating an agreement but remains confident of a positive outcome.

A spokesperson for Rheinmetall told Shephard that its UK joint venture RBSL is still in talks with the MoD. He explained that during an 18 March presentation on financial results for 2020 and ongoing group projects, CEO Armin Papperger said that Rheinmetall is confident that the Challenger 2 Life Extension Programme (LEP) contract

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