German Army to Boost Rheinmetall Artillery Shell Order by 200,000

GERMANY -  BERLIN - The German army intends to order 200,000 more artillery shells from arms maker Rheinmetall (RHMG.DE) than it had planned, a letter seen by Reuters on Tuesday from the Defence Ministry to parliament's budget committee.

The army plans to get 200,000 additional 155mm artillery shells worth about 880 million euros (US$ 960 million) within its framework agreement with the defense firm, the letter said. It had already agreed to a 1.2 billion euro deal for several hundred thousand shells, fuses, and charges.

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