Rheinmetall to build new ammunition plant to supply shells to Ukraine
Germany’s largest concern, Rheinmetall, will build a new ammunition plant to ensure uninterrupted supply of shells to Ukraine.
This was stated by Rheinmetall CEO Armin Papperger, Censor.NET reports citing Bild.
"The pace is fast. What used to take 10 years is now achieved in a few months. We will build a new shell plant in Germany in record time to create strategic security of supply," the Rheinmetall CEO said.
At the same time, in response to the German government's accusations of insufficient support for Ukraine, Papperger stressed the good cooperation between officials and the arms industry.
"A lot has changed for the better in military procurement. Last year, Rheinmetall alone received orders or framework agreements worth more than €10 billion from the federal government for the Bundeswehr and Ukraine. This year, that amount will increase to at least €15 billion," said Papperger.
