Augsburg, July 9, 2026 – RENK Group AG, a leading supplier of propulsion solutions for the military sector, has concluded an extension with Rheinmetall of the existing framework agreement to supply propulsion solutions for the KF41 Lynx.
The scope of delivery includes HSWL 256C transmissions and final drives for the KF41 Lynx, which, following Hungary, is being introduced in large numbers in other European armed forces.
“With the extension of our framework agreement, we are consistently continuing our successful partnership with Rheinmetall. The KF41 Lynx is one of the most state-of-the-art tracked vehicles worldwide and has already been introduced in Hungary as an infantry fighting vehicle. RENK provides the core transmission technology that powers the vehicle,” says Michael Masur, CEO Vehicle Mobility Solutions at RENK GmbH. “For us, strengthening Europe’s defense capabilities is both a goal and a responsibility.”
The extension of the framework agreement underscores the importance of efficient European supply chains for the defense industry. Through the early expansion of its production capacity, RENK has created the conditions to meet growing demand reliably over the long term.
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, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches and test systems. 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 2025, RENK Group AG generated revenue of approximately EUR 1.4 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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