Germany’s Rheinmetall to produce tanks, anti-air systems, and ammunition in Ukraine

·1 min read
German concern Rheinmetall
German concern Rheinmetall

Papperger said that in the coming weeks, Rheinmetall will sign several agreements on cooperation and the establishment of joint ventures with a range of Ukrainian companies.

Read also: Rheinmetall develops proposal for tank plant in Ukraine

According to the CEO, these joint ventures will involve the production of combat vehicles, air defense systems, and ammunition.

"In this way, we are giving Ukraine the opportunity to defend itself in the medium and long term; investments in new plants will come from the Ukrainian state," said Papperger.

Read also: Germany’s Rheinmetall stands ready to fill Ukraine’s ammunition needs, pending additional EU spending

As an example, Papperger cited plans to build Panther main battle tanks in Ukraine.

Read also: Zelenskyy meets with Rheinmetall CEO in Kyiv

According to his estimates, up to 400 Panther tanks could be produced annually. The CEO added that preliminary negotiations with Kyiv regarding this project are “promising.”

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Read the original article on The New Voice of Ukraine