Raytheon, Rheinmetall Defence Form Joint Venture for U.S. Army

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Raytheon, Rheinmetall Defence Form Joint Venture for U.S. Army; Sam Deneke Quoted – Executive Gov:

Raytheon Company and Rheinmetall Defence have established Raytheon Rheinmetall Land Systems LLC, a joint venture with the U.S. Army to offer the Lynx Infantry Fighting Vehicle for the Army's Optionally Manned Fighting Vehicle (OMFV) competition, Raytheon announced on Friday.

"This advanced combat vehicle will be made in America," said Sam Deneke, vice president of Raytheon Land Warfare Systems. "Our team will produce and deliver a fighting vehicle to the U.S. Army that protects our troops and gives them an overwhelming advantage on the battlefield."

The OMFV is expected to replace the Bradley fighting vehicle. The new vehicle will be optimized for urban combat and rural terrain. The Army has named the OMFV as a top modernization priority supported under the service's Futures Command structure and is scheduled for fielding in 2026.

"Lynx will be built in America by American workers," said Ben Hudson, global head of Rheinmetall's Vehicle Systems division. "By choosing Lynx, the Army has an extraordinary opportunity to provide U.S. troops with a fighting vehicle that will enable them to outmatch the threat for decades to come."

About Raytheon

Raytheon Company, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects and mission support for customers in more than 80 countries.

About Rheinmetall

Headquartered in Düsseldorf, the publicly traded Rheinmetall AG is a high-tech enterprise dedicated to the twin modern imperatives of mobility and security. Founded in 1889, the group today consists of two operational components: Rheinmetall Defence and Rheinmetall Automotive. One of the world's leading suppliers of military systems and equipment, Rheinmetall's Defence arm comprises three divisions: Vehicle Systems, Electronic Solutions and Weapon and Ammunition. The group's 23,000-strong global workforce generated sales last year of $6.9 billion.

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