Overview
- Heckler & Koch confirmed on Tuesday that the Bundeswehr has fully exercised a framework contract for 250,000 G95 assault rifles, with deliveries already under way and the exact schedule not publicly specified.
- The framework is reported to be worth more than €800 million and follows earlier December approvals and initial shipments that began last year.
- H&K says its Midgard 40 drone‑defence station is in the final trials phase after company fire tests reportedly achieved hits on target; the system pairs a 40 mm grenade machine‑weapon with modern sensors and AI target acquisition and is intended for engagements roughly 400–600 metres out.
- Strong 2025 results and order intake give the company room to expand capacity: revenue rose to about €393 million, order intake jumped to roughly €802 million, and H&K plans roughly €230 million of investment including capacity builds at Oberndorf and a target production pace of about 20,000 rifles a year.
- H&K has closed a long‑running export case by paying a €3.7 million fine for past illegal sales to Mexico, but faces political scrutiny, competition from firms such as Rheinmetall and Kongsberg, and remaining questions about field performance, delivery timing and export rules for new products.