Overview
- Rheinmetall announced Tuesday that it has contracts worth €5.7 billion with Romania covering about 298 Lynx family combat and support vehicles, air‑defence systems, ammunition and components, and four naval vessels.
- The company said deliveries will start in 2028 and finish by 2030 and that it will invest several hundred million euros to expand local plants and transfer technology to Romania.
- Rheinmetall intends to integrate more than 200 local subcontractors and create thousands of jobs in Romania as part of a plan to locate the bulk of value‑added work there.
- On Wednesday Rheinmetall signed a preliminary sale of most of its civilian Power Systems unit to investor Aequita for roughly €350 million, a deal covering about 6,200 employees that must clear regulators and is expected to close in the fourth quarter.
- Executives say the two moves formalise a strategic pivot toward higher‑margin defence work, enlarging Rheinmetall’s backlog and positioning Romania as a regional defence‑industrial hub that will strengthen NATO and EU eastern‑flank capabilities.