
Hungary has agreed to a $2.4 billion deal with Rheinmetall to procure its Lynx infantry fighting vehicles and produce the platforms in the country, the German manufacturer said Tuesday. The Lynx IFV is the same platform Rheinmetall, along with Raytheon [RTN], offered for the Army’s initial attempt at the Optionally Manned Fighting Vehicle (OMFV) program. “The Lynx’s market breakthrough is a major success for us. And the fact that we were able to convince Hungary – an important EU and…