Muskegon, Michigan, January 15, 2026 – RENK America today announced the award of a U.S. Army contract with a total potential value up to $75.5 million over a five-year period.
Under the Cost-Plus Fixed Fee (CPFF) contract, RENK America will provide System Technical Support (STS) services for the Hydro-Mechanical Powered Transmission Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. (HMPT), supporting multiple critical U.S. Army platforms including the Bradley Fighting Vehicle (BFV), Armored Multi-Purpose Vehicle (AMPV), Multiple Launch Rocket System (MLRS), and Paladin Self Propelled Howitzer System (SPHS). The scope of work includes engineering and technical services, program management, and worldwide field service representative support to enhance operational reliability and sustainment.
The contract establishes a long-term framework vehicle, with work authorized incrementally through individual tasking over the five-year contract term.
“The Army recognizes the need to continue sustaining proven ground combat vehicles that are critical for defending the United States,” said Ian Pain, CEO of RENK America. “RENK America’s team, including our strong cadre of Veterans, have decades of experience to help the Army keep these vehicles available and reliable. We are proud to stand ready for our warfighters whenever and wherever needed.”
RENK America has long served as a trusted supplier to the U.S. Department of War and allied forces, delivering advanced transmission Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. , engine, and powerpack Powerpacks A Powerpack is a compact drive unit which incorporates the motor, gearbox and other systems within a single module. solutions backed by a resilient, U.S.-based manufacturing and support footprint.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions Transmission The function of a vehicle transmission is to adjust the torque and speed, and to transfer engine power to the drive wheels. , power-packs, hybrid propulsion systems, suspension systems Suspension systems Suspension systems are designed to dampen the shocks and vibrations experienced when driving on uneven terrain. , slide bearings Slide bearings Slide bearings facilitate the low-friction movement of shafts by coming into direct contact with a sliding surface. , couplings Couplings Couplings are used to connect two shafts for the transmission of torque, and to compensate for misalignment or movement. & clutches and test systems Test systems Test systems evaluate the functionality, load capacity and wear of technical components under realistic conditions. . With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2024, RENK Group AG generated revenue of EUR 1.14 billion. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
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