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    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

    Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio.

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    ‘Menopause isn’t the end of a woman’s active life—it’s a critical bridge to her long-term health and longevity,” says Sanjith Shetty, Founder and CEO of Miror Therapeutics.

    India as a Tourism Hub .

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    PHOTO CREDIT-GMR Visakhapatnam International Airport Limited (GVIAL)

    Prime Minister Narendra Modi to Inaugurate Vizag Airport Named Alluri Sitarama Raju International Airport at Bhogapuram on August 1

    PM to visit Andhra Pradesh and Karnataka on 1 August.

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    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

    Fortis Hospitals Mumbai Launches ‘Har Ghar Hero’.

    Apollo Hospitals, Sheshadripuram Introduces iTIND for Young Men with Bladder Neck Obstruction

    Coming Soon: A New AI-Powered Health Companion on Your Wrist

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

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    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    PHOTO CREDIT-IBM

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

    CREDIT-SONY

    Sony Creator Essentials Worth Considering This Summer.

    HCLTech Logo

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

  • Auto

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    PHOTO CREDIT-AUDI AG

    Audi Group maintains stable operating profit in the first half of 2026 despite challenging markets.

    Mercedes-Benz India Becomes Title Partner of the Indian Padel Tour, Marking a New Chapter in the Growth of Padel in India.

  • Sports

    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

    Borrowed Cue to National Heyball Silver: The Remarkable Story of 13 Year Old Md Mustafa

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    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    First Direct Express Train Between Ramnagar and Dehradun to Improve Connectivity Between Kumaon and Garhwal Regions of Uttarakhand

    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

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Caracal: Germany and the Netherlands enter €1.9 billion framework contract with Rheinmetall for 3,058 airmobile vehicles

FWM by FWM
July 11, 2023
in Business
0
courtesy:Rheinmetall

courtesy:Rheinmetall

  • Framework contract for up to 3,058 Caracal airmobile vehicles
  • First vehicles to be delivered in Q1/2024, shipment in series starts in 2025
  • Order worth up to €1.9 billion including VAT
  • High-performance airmobile vehicle based on new military Mercedes G-model 464 series

10 July 2023 The German and Dutch armed forces have contracted with Rheinmetall to supply up to 3,058 Caracal airmobile platforms. Worth up €1.9 billion, the multiyear framework contract includes up to 2,054 vehicles earmarked for Germany and 1,004 for the Netherlands.  As a first step, a firm order from the framework contract has been placed for 1,508 vehicles worth approximately €870 million, including value added tax. To finance the procurement project, Germany is drawing on the special fund set up last year for reequipping the Bundeswehr.

The Caracal is the product of a partnership between Rheinmetall, Mercedes-Benz AG and Armoured Car Systems GmbH. Delivery of the first trial models is scheduled to take place as early as the first quarter of 2024, with the start of delivery in series planned for early 2025.

A 4×4 all-wheel-drive vehicle, the Caracal is a mobile platform specially designed to meet the needs of airmobile formations and special operations forces.

Procure­ment of the “Deployment System Airmobile Platform” is unfolding against the backdrop of the tense security situation and urgently required new capabilities for national and alliance defence. Owing to the close working relationship between the German and Dutch armed forces and the comparable requirement situation in both countries, the procurement project has been a bilateral one from the outset.

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The tendering process, which began in October 2022, was completed in two fast-paced proposal phases. In the end, Rheinmetall put forward the most economical proposal, with price and technical performance converging to overcome the remaining competitor.

The Caracal is based on a commercial off-the-shelf chassis of the new G-model 464 series from Mercedes-Benz. In future Rheinmetall will therefore be able to offer users around the world a proven, technically mature platform, providing logistic support throughout the vehicle’s long service life.

With the Caracal, Rheinmetall’s portfolio of tactical vehicle systems has expanded to embrace the lightweight, less-than-10-ton 4×4 segment, where the Düsseldorf-based tech enterprise sees strong growth potential.

“Together with our partners Mercedes-Benz AG and Armoured Car Systems GmbH, we’re ready to roll and can advance quickly to full-scale, large-volume series production”, states Dr Björn Bernhard, managing director of Rheinmetall Landsysteme GmbH. “Final assembly of all German and Dutch vehicles will take place at our plant in Ede in the Netherlands and at VDL Special Vehicles B.V. in Eindhoven, our designated partner company. Having two assembly locations will let us quickly scale up production while simultaneously contributing to sustained value added in the Netherlands, our partner country”, notes Dr Bernhard.

FWM

FWM

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