July 18 (UPI) -- Rheinmetall has entered into an initial agreement with the German Bundeswehr for a $43 million deal to supply DM11 120mm tank ammunition.
The framework deal, announced Tuesday, sets the stage for further procurement of combat and training ammunition by the Bundeswehr including a potential order for 5,000 rounds of 120mm training ammunition. Potential contracts under consideration could reach into the hundreds of millions of euros.