The French armament procurement agency Direction (DGA) has awarded NEXTER Munitions a Multi-Annual Contract for the development, qualification and production of large caliber ammunition.
The first part of this contract, worth €138m, comprises development and qualification of 155/52-calibre illumination and smoke shells; the supply of modular charges for CAESAR© artillery; the supply of explosive 120-mm cartridges for Leclerc Main Battle Tank and 105- mm practice cartridges for AMX 10 RCR armored vehicles; and resumed production of 100- mm cartridges for the French Navy.
This package contract covers the Armed Forces' requirements for large-caliber ammunition and gives France guarantees regarding the short and medium-term sustainability of the business of its supplier NEXTER Munitions for both development and production of large caliber ammunition. In addition, the flow of production protects the fabric of suppliers, giving them visibility and sustainability.
The multi-annual nature of the supply contracts also ensures better price control in an extremely competitive global market.
Nexter Munitions Wins Large-Caliber Ammunition Contract
23.01.2012 Security
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