RENK Group and Rheinmetall jointly develop mobility solutions for combat vehicles in the US market.

Washington, October 11, 2023 – American Rheinmetall Vehicles (ARV) and RENK America (RAM) have signed a definitive agreement to jointly develop advance mobility system solutions for combat vehicles in the U.S. market. The partnership will focus on next generation technologies applicable to current and future combat vehicle programs, and support a range of platforms including Infantry Fighting Vehicles.  

The ARV / RAM relationship builds upon the extensive global cooperation between Rheinmetall and RENK Group, which has provided reliable and combat tested vehicle solutions for decades to numerous customers around the globe.

About RENK Group:
Headquartered in Augsburg, Germany, the RENK Group is a leading global player for high-end gear units, power packs, hybrid propulsion systems, suspension systems, slide bearings, couplings, and test systems. The company caters to a multiplicity of end markets, focusing especially on security and defense, energy and infrastructure.

Disclaimer
This release contains forward-looking statements. These statements are based on the current views, expectations, assumptions, and information of the management of RENK Group AG (the “Company”). Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Various factors could cause actual future results, performance, or events to differ materially from those described in these statements, and neither the Company nor any other person accepts any responsibility for the accuracy of the opinions expressed in this release or the underlying assumptions. The Company does not assume any obligations to update any forward-looking statements. Moreover, it should be noted that all forward-looking statements only speak as of the date of this release and that the Company assumes no obligation, except as required by law, to update any forward-looking statement or to conform any such statement to actual events or developments.

The Company expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this release, whether as a result of new information, future developments or otherwise.