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Finance

Rheinmetall wins multibillion-euro deal to supply German army drones

Published by Global Banking & Finance Review

Posted on April 22, 2026

1 min read

· Last updated: April 22, 2026

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Rheinmetall wins multibillion-euro deal to supply German army drones

Finance Banking Markets Defense Germany

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April 22 (Reuters) - Rheinmetall has signed a framework agreement worth billions of euros to supply the German army with FV-014 loitering munition systems, it said in a statement on Wednesday. (

Rheinmetall wins multibillion-euro deal to supply German army drones

Rheinmetall's Major Drone Supply Agreement with German Army

Framework Agreement Details

April 22 (Reuters) - Rheinmetall has signed a framework agreement worth billions of euros to supply the German army with FV-014 drones, it said in a statement on Wednesday.

Scope of the Deal

The agreement optionally includes a five-figure number of FV-014 autonomous recce and strike drones.

Delivery Timeline and Initial Call-Off

Deliveries are scheduled to begin in the first half of 2027, with the first call-off amounting to about 300 million euros.

(Reporting by Emanuele Berro; editing by Matthias Williams and Linda Pasquini)

Key Takeaways

The framework agreement could be valued at up to €2.4 billion, with an initial firm order of ~€300 million for around 2,500 FV‑014 drones to the Bundeswehr (defensemirror.com).
The FV‑014 system features ~100 km range, ~70 minute loiter time, ~5 kg warhead, low signatures and GNSS‑denial resilience, supporting ISR and strike in single or swarm operations (defence-industry.eu).
This procurement aligns with Germany’s broader military build‑up, including recent expansions in munitions, air‑defense and infantry systems, highlighting prioritization of autonomous strike and force readiness (armyrecognition.com)

References

Frequently Asked Questions

What deal did Rheinmetall secure with the German army?

Rheinmetall signed a multibillion-euro framework agreement to supply FV-014 loitering munition systems to the German army.

What is the value of Rheinmetall's contract for drones?

The contract is worth billions of euros, marking a significant defense supply agreement.

What type of systems will Rheinmetall provide?

Rheinmetall will supply FV-014 loitering munition systems to the German armed forces.

Who reported on Rheinmetall’s agreement?

The deal was reported by Emanuele Berro and edited by Matthias Williams.

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Rheinmetall wins multibillion-euro deal to supply German army drones

Rheinmetall wins multibillion-euro deal to supply German army drones