Augsburg, October 4, 2024 – RENK Group AG, a leading supplier of military and civilian propulsion solutions, has received an order for 50 HSWL284C gearboxes. The transmissions will be used in the Panzerhaubitze 2000 (PzH2000). Delivery is to be made to the Bundeswehr and international customers and will begin in October 2024. The contract includes options for further gearboxes.
The HSWL 284C is specially developed for the PzH2000, which has proven itself many times over thanks to its performance and quality. The transmission has the functions of driving, braking and steering, including pivoting - turning the tracked vehicle around its own vertical axis - and thus enables maximum mobility even in difficult terrain. Like all RENK transmissions, the HSWL284C guarantees the tactical mobility of land forces, reliably contributes to the protection of the crew as well as to high long-term operational readiness and thus enforcement power in combat.
Michael Masur, CEO Vehicle Mobility Solutions, RENK GmbH: "The order is a continuation of the decades-long partnerships. With our ability to deliver at short notice, we are making a significant contribution to quickly strengthening and maintaining the defense and alliance capability of the Armed Forces."
About RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical drive 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 2023, RENK Group AG generated revenue of EUR 926 million.
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 occuring after the date of this Press Release unless obliged by statutory law.
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