Rheinmetall, BAE Systems to form UK-based JV
BAE Systems and Rheinmetall have signed an agreement to establish a UK-based joint venture (JV) for military vehicle design, manufacture and support activities, the company announced on 21 January.
The new JV is subject to regulatory approvals which are expected to be completed in the first half of 2019. Following the approvals, the JV will be known as Rheinmetall BAE Systems Land (RBSL) and will be headquartered at BAE Systems’ facility in Telford, England.
As part of the agreement, Rheinmetall will buy a 55% stake in the existing BAE Systems UK-based combat vehicles business, with BAE Systems retaining 45%.
RBSL will initially focus on UK programmes, and will also form an integral part of Rheinmetall’s Vehicle Systems Division and will participate in and contribute to various global military vehicle pursuits and contracts.
More from Land Warfare
-
ARX Robotics expands in UK following British Army backing for uncrewed platforms
Following an order from the British Army, ARX Robotics has begun manufacturing autonomous ground platforms in the UK. Christopher Foss examines the company's growing range of systems.
-
Textron unveils a smaller, low-cost variant of the Ripsaw family of UGVs
Ripsaw M1 has been designed to support the US Marine Corps’ littoral missions by carrying diverse types of payloads and performing multiple missions. Shephard spoke with Textron to find out more.
-
Battle management C2 systems are driving the next phase of integrated air defence
Battlefield and wider air defence C2 systems integrating a range of agnostic sensors have risen in prominence, from Turkey’s Aselsan developing Steel Dome to Northrop Grumman providing its own system to Poland and the US Army.