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General Dynamics, Rheinmetall Defence Joint Venture Aims To Lead Global Tank Ammo Market

General Dynamics’ [GD] Ordnance and Tactical Systems and Germany's Rheinmetall Defence have formed a tank ammunition joint venture company named Defense Munitions International LLC (DMI). The new company will develop and market new and existing 120mm kinetic energy and multi-purpose cartridges for the U.S. and international tank ammunition markets. DMI combines the partners’ full range of development, production and sales activities of 120mm tactical ammunition for main battle tanks. By combining their activities in DMI, the two partners aim to…

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