Nexter: 6-Year Ammo Contract with DGA
04.02.2010 Europe
Nexter Munitions has signed a multiyear contract worth 139 million euros ($193 million) with the Direction Générale pour l'Armement (DGA) to supply 20mm, 25mm and 30mm combat and training ammunition, the company said in a Feb. 3 statement.
Nexter Munitions is a subsidiary of the Nexter Land Systems Group.
Under the deal, Nexter will deliver 1.88 million rounds up to mid-2016, ensuring continuity of supply. Some 1.14 million rounds already have been supplied under the previous multiyear contract, the company said.
"This global contract provides the French military with a guarantee of long-term ammunition supply", the company said.
The deal would sustain the supply chain, manage obsolescence and allow an increase in deliveries in the event of a crisis, the company said.
Nexter Munitions is a subsidiary of the Nexter Land Systems Group.
Under the deal, Nexter will deliver 1.88 million rounds up to mid-2016, ensuring continuity of supply. Some 1.14 million rounds already have been supplied under the previous multiyear contract, the company said.
"This global contract provides the French military with a guarantee of long-term ammunition supply", the company said.
The deal would sustain the supply chain, manage obsolescence and allow an increase in deliveries in the event of a crisis, the company said.
Previous PostA400M: 4th Assembly Process
Latest news
Latest events
intersec
16 - 18 Jan 2024Dubai World Trade Center - United Arab EmiratesUMEX/SimTEX 2024
23 - 25 Jan 2024Abu Dhabi National Exhibition Centre (ADNEC) Abu Dhabi - United Arab EmiratesWorld Defense Show (WDS 2024)
04 - 08 Feb 2024Riyadh - Saudi ArabiaAbu Dhabi Air Expo
02 - 04 Mar 2024Al Bateen Executive Airport Abu Dhabi - United Arab Emirates