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The South African Rheinmetall subsidiary has received orders from two Asian customers, with one order for the delivery of 400,000 40mm low-velocity grenades and the other for 100,000 40mm medium velocity grenades.
The former is scheduled to be delivered by December 2022, with the latter to be delivered between December 2022 and February 2023.
The total value of both orders is €25 million.
"With these two contracts, we are expanding our customer base in Asia," Jan-Patrick Helmsen, CEO Rheinmetall Denel Munition, said.
According to Rheinmetall, negotiations are currently underway to increase the quantity of the sales.
Rheinmetall Denel Munition, a South African subsidiary of Rheinmetall, develops a broad range of 40mm ammunition, including 40x26mm low velocity (LV) rounds, 40x53mm high velocity (HV) rounds and 40x51mm medium velocity (MV) rounds. The low and medium velocity rounds use a high explosive dual purpose projectile.
The company explained that these MV munitions have ranges of up to 800 metres, which is reportedly 200 metres longer than similar products in the defence market, while the low velocity has a range of 400 metres.
The rounds can be used against armoured targets and bunkers and are capable of penetrating 50mm of rolled homogenous armour.
[Related: Rheinmetall secures air defence systems contract]
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