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German arms manufacturer Rheinmetall plans to manufacture armored vehicles in Ukraine in a partnership with the Ukrainian government, the country's prime minister said.
"This is a flagship project to unite the forces of Ukraine and European arms manufacturers to achieve a just peace and ensure our common security," Ukrainian Prime Minister Denys Shmyhal said. "In the future, we will also rely on technology transfer, investment in design development, new production facilities and Military Tech."
Shmyhal gave no further details of the plan but Rheinmetall CEO Armin Papperger said last week that his company expected to sign a deal to produce Fuchs armored transport vehicles and Lynx infantry fighting vehicles in Ukraine by early next year.
On Monday, Rheinmetall also announced plans to supply Ukraine with tens of thousands of tens of thousands of 155mm artillery shells in a €142 million deal. The shells, to be manufactured in Spain, will be delivered in 2025 and were ordered by an unnamed member of NATO, the company said.
