Germany automotive company RENK has pledged to create an Australian subsidiary based out of Brisbane if Rheinmetall’s LYNX wins the LAND 400 Phase 3 program.
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German automotive company RENK announced that it aims to expand into Australia provided Rheinmetall’s LYNX KF41 infantry fighting vehicle (IFV) is successful for the LAND 400 Phase 3 program.
RENK currently manufactures an array of automotive components, including transmissions and suspension systems for militaries around the world. The company employs some 2,600 employees out of Augsburg in Germany and generated €550 million revenue in 2020.
If the LYNX proves successful, the company confirmed that it will create an Australian subsidiary, which will operate out of Brisbane to work closely with Rheinmetall’s Military Vehicle Centre of Excellence (MILVEHCOE).
Susanne Wiegand, chairwoman of RENK Group, outlined that the company is ready to support Rheinmetall Defence Australia for the development and delivery of the LYNX.
“We are fully committed to our partner Rheinmetall Defence Australia and to the Australian Defence Forces to deliver the best solution for the LAND 400 Phase 3 program. RENK is very proud to be the partner of choice for the transmission system of the LYNX KF41 infantry fighting vehicle and will deliver a significant contribution to the Australian industry capability program if the contract is awarded,” Wiegand said.
Currently, three LYNX vehicles are undergoing test and evaluation trials for the LAND 400 Phase 3 program, which include a range of tests including blast tests and manoeuvrability.
According to a statement released by the company, RENK’s transmissions are currently employed by 30 different militaries around the would in 40 different vehicles.
The announcement comes following the delivery of Rheinmetall's new Boxer CRVs to the Australian Army.
“Boxer is now enabling the capabilities that allow Army to fight, survive and win on the modern, complex battlefields of today and tomorrow,” Rheinmetall Defence Australia managing director Gary Stewart said. “And Rheinmetall is simultaneously delivering early combat vehicle capability to the Australian Defence Force while creating a sovereign industrial capability in combat vehicle design and manufacture.”