Latest news with #ArminPapperger
Time of India
6 days ago
- Business
- Time of India
Anduril, Rheinmetall partner to build military drones for Europe, ET Manufacturing
Advt Advt U.S. drone-maker Anduril and German defence giant Rheinmetall said on Wednesday they will partner to build aerial drones for European markets, in a sign of Europe leveraging American technology to boost military companies will jointly-develop European variants of Anduril's Barracuda and Fury aerial drones, as well as exploring opportunities to build solid rocket motors, which are used to propel missiles and rockets."By integrating Anduril's solutions into Rheinmetall's European production setup and digital sovereignty framework, we're building on that foundation to bring new kinds of autonomous capabilities into service, ones that are quick to produce, modular, and aligned with NATO 's evolving requirements," said Armin Papperger , CEO of the wake of Russia's invasion of Ukraine and amid concerns over U.S. defence commitments under President Donald Trump , many European nations have pledged to increase military Europe continues to depend heavily on U.S. defence firms to fill critical capability gaps - not only in traditional systems like fighter jets and missiles, but also in emerging technologies such as artificial intelligence, low-Earth orbit satellites and Anduril is part of a wave of U.S. defence technology companies - including AI firm Palantir and Elon Musk's SpaceX - that are challenging traditional defence manufacturing giants with faster war in Ukraine has shown the increasing importance of drones in modern warfare. The Barracuda is designed to be cheap, fast to build and easy to launch in large numbers and can act like a cruise missile. Fury is a more expensive, stealthier, longer-range drone designed for combat and surveillance."This is a different model of defense collaboration, one built on shared production, operational relevance, and mutual respect for sovereignty," said Brian Schimpf , CEO of Anduril Industries."Together with Rheinmetall, we're building systems that can be produced quickly, deployed widely, and adapted as NATO missions evolve."
Reuters
6 days ago
- Business
- Reuters
Anduril, Rheinmetall partner to build military drones for Europe
PARIS, June 18 (Reuters) - U.S. drone-maker Anduril and German defence giant Rheinmetall ( opens new tab said on Wednesday they will partner to build aerial drones for European markets, in a sign of Europe leveraging American technology to boost military capabilities. The companies will jointly-develop European variants of Anduril's Barracuda and Fury aerial drones, as well as exploring opportunities to build solid rocket motors, which are used to propel missiles and rockets. "By integrating Anduril's solutions into Rheinmetall's European production setup and digital sovereignty framework, we're building on that foundation to bring new kinds of autonomous capabilities into service, ones that are quick to produce, modular, and aligned with NATO's evolving requirements," said Armin Papperger, CEO of Rheinmetall. In the wake of Russia's invasion of Ukraine and amid concerns over U.S. defence commitments under President Donald Trump, many European nations have pledged to increase military spending. However, Europe continues to depend heavily on U.S. defence firms to fill critical capability gaps - not only in traditional systems like fighter jets and missiles, but also in emerging technologies such as artificial intelligence, low-Earth orbit satellites and drones. California-based Anduril is part of a wave of U.S. defence technology companies - including AI firm Palantir and Elon Musk's SpaceX - that are challenging traditional defence manufacturing giants with faster innovation. The war in Ukraine has shown the increasing importance of drones in modern warfare. The Barracuda is designed to be cheap, fast to build and easy to launch in large numbers and can act like a cruise missile. Fury is a more expensive, stealthier, longer-range drone designed for combat and surveillance. "This is a different model of defense collaboration, one built on shared production, operational relevance, and mutual respect for sovereignty," said Brian Schimpf, CEO of Anduril Industries. "Together with Rheinmetall, we're building systems that can be produced quickly, deployed widely, and adapted as NATO missions evolve."
Washington Post
05-06-2025
- Business
- Washington Post
Europe worries about its dependence on U.S. intelligence under Trump
BERLIN — The CIA's station chief here delivered an alarming piece of intelligence to Germany's spy agency last year, according to German and U.S. officials: Russia was planning to assassinate the chief executive of Germany's largest arms manufacturer. The German government responded by surrounding Rheinmetall CEO Armin Papperger — whose company is a major supplier of munitions to Ukraine — with a security detail as large as the one assigned to the chancellor. German intelligence services then began scouring their own sources for more information on the plot, including whether Russia had operatives in place for such a brazen operation, the officials said.
India.com
23-05-2025
- Business
- India.com
Anil Ambani gives more tension to Pakistan, strength to Indian army signs deal with…, set to provide…
Anil Ambani's Reliance Defence has taken a major step by signing an agreement with German arms company Rheinmetall AG. This agreement is to supply explosives such as artillery shells and ammunition from a factory which will be established in Maharashtra. The partnership's objective is to make India self-reliant in the field of defence production and make it among the world's major arms exporters. It will also create one more challenge for weak Pakistan, which has been dependent on China. 'Reliance Infrastructure Ltd-promoted Reliance Defence Ltd (Reliance Defence) and Dusseldorf-based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. An Agreement to this effect has now been signed by the representatives of both companies,' the Indian firm said in a statement. This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France. 'The collaboration between the companies will include the supply of explosives and propellants for medium and large calibre ammunition to Rheinmetall by Reliance,' it said. Furthermore, the two companies intend to engage in joint marketing activities for selected products and may extend their cooperation based on future opportunities. The EUR 80 billion Rheinmetall AG excels in critical domains, such as armoured vehicles, infantry fighting vehicles, advanced air defence systems, and state-of-the-art ammunition technology. At the pinnacle of its portfolio is the Leopard 2A7, widely recognised as one of the most sophisticated main battle tanks worldwide. The strategic partnership will strengthen India's defence manufacturing capabilities aligning with the government's flagship 'Make in India' and 'Atmanirbhar Bharat' initiatives. It advances the vision to position India among the world's leading defence exporters. 'In order to support this collaboration, Reliance Defence Ltd will set up a greenfield manufacturing facility in the Watad Industrial Area of Ratnagiri, Maharashtra. The manufacturing facility, one of the largest in South Asia, will have an annual capacity to produce up to 2,00,000 artillery shells, 10,000 tonnes of explosives and 2,000 tonnes of propellants,' the statement said without giving details of investment to be made. This new facility will help Reliance Defence achieve its objective of being among the top three Defence exporters in the country. 'The cooperation gives Rheinmetall further access to important raw materials and secures not only its supply chains, but also the interest of its customers, but also creates further growth opportunities. In India, the new state-of-the-art facility will make a significant contribution to supplying the country's armed forces,' it said. The defence manufacturing complex will contribute to supporting India's ambitious defence export target of Rs 50,000 crore by 2029. Armin Papperger, CEO of Rheinmetall AG, emphasised that 'this strategic partnership of Rheinmetall with Reliance Defence led by Anil Ambani's Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi'. Anil D Ambani, founder and Chairman, Reliance Group, said: 'We are proud to partner with Rheinmetall AG, one of the world's most respected leaders in defence manufacturing, and to collaborate with visionary leader, Armin Papperger. This strategic partnership brings cutting-edge capabilities to India, marking a transformational moment for the country's private defence manufacturing sector'. Guided by the vision of 'Aatmanirbhar Bharat', as championed by Prime Minister Narendra Modi, the objective is to position Reliance Defence among the top 3 defence exporters, enabling India to not only meet its domestic defence needs but also emerge as a key player in the global defence supply chain, he said. 'This project marks a major step in the Reliance Group's long-term strategy to invest in the fast-growing defence manufacturing sector.' The DADC is being built in the Watad industrial area in Ratnagiri, Maharashtra, and once completed will be the largest greenfield project in the defence sector ever developed by any private company in India. (With Inputs From PTI)
Indian Express
22-05-2025
- Business
- Indian Express
Anil Ambani's Reliance Defence signs pact with German firm for artillery shells, explosives supply
Anil Ambani's Reliance Defence has signed an agreement with German arms manufacturer Rheinmetall AG for the supply of ammunitions like artillery shells and explosives from a new facility to be set up in Maharashtra. 'Reliance Infrastructure Ltd-promoted Reliance Defence Ltd (Reliance Defence) and Dusseldorf-based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. An Agreement to this effect has now been signed by the representatives of both companies,' the Indian firm said in a statement. This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France. 'The collaboration between the companies will include the supply of explosives and propellants for medium and large calibre ammunition to Rheinmetall by Reliance,' it said. Furthermore, the two companies intend to engage in joint marketing activities for selected products and may extend their cooperation based on future opportunities. The EUR 80 billion Rheinmetall AG excels in critical domains, such as armoured vehicles, infantry fighting vehicles, advanced air defence systems, and state-of-the-art ammunition technology. At the pinnacle of its portfolio is the Leopard 2A7, widely recognised as one of the most sophisticated main battle tanks worldwide. The strategic partnership will strengthen India's defence manufacturing capabilities aligning with the government's flagship 'Make in India' and 'Atmanirbhar Bharat' initiatives. It advances the vision to position India among the world's leading defence exporters. 'In order to support this collaboration, Reliance Defence Ltd will set up a greenfield manufacturing facility in the Watad Industrial Area of Ratnagiri, Maharashtra. The manufacturing facility, one of the largest in South Asia, will have an annual capacity to produce up to 2,00,000 artillery shells, 10,000 tonnes of explosives and 2,000 tonnes of propellants,' the statement said without giving details of investment to be made. This new facility will help Reliance Defence achieve its objective of being among the top three defence exporters in the country. 'The cooperation gives Rheinmetall further access to important raw materials and secures not only its supply chains, but also the interest of its customers, but also creates further growth opportunities. In India, the new state-of-the-art facility will make a significant contribution to supplying the country's armed forces,' it said. The defence manufacturing complex will contribute to supporting India's ambitious defence export target of Rs 50,000 crore by 2029. Armin Papperger, CEO of Rheinmetall AG, emphasised that 'this strategic partnership of Rheinmetall with Reliance Defence led by Anil Ambani's Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi'. Anil D Ambani, founder and Chairman, Reliance Group, said: 'We are proud to partner with Rheinmetall AG, one of the world's most respected leaders in defence manufacturing, and to collaborate with visionary leader, Armin Papperger. This strategic partnership brings cutting-edge capabilities to India, marking a transformational moment for the country's private defence manufacturing sector'. Guided by the vision of 'Aatmanirbhar Bharat', as championed by Prime Minister Narendra Modi, the objective is to position Reliance Defence among the top 3 defence exporters, enabling India to not only meet its domestic defence needs but also emerge as a key player in the global defence supply chain, he said. 'This project marks a major step in the Reliance Group's long-term strategy to invest in the fast-growing defence manufacturing sector.' Reliance Defence recently announced plans to set up an integrated project for the manufacturing of explosives, ammunition and small arms under the Dhirubhai Ambani Defence City (DADC). The DADC is being built in the Watad industrial area in Ratnagiri, Maharashtra, and once completed will be the largest greenfield project in the defence sector ever developed by any private company in India.
