Rheinmetall, a German company, has announced it will open an armored vehicle factory in Ukraine within the next 12 weeks.
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| Germany's leading arms manufacturer will open a plant for producing and repairing armored vehicles in Ukraine. (Source: Getty Images) |
The corporation is expected to train Ukrainians on how to maintain tanks and other armored vehicles produced at the factory, which is planned to be located in western Ukraine.
In an interview with CNN , Armin Papperger, Chairman of the Board of Directors of the German defense group Rheinmetall, said, "[Ukrainians] must help themselves. If they always have to wait for Europeans or Americans to help them for the next 10 or 20 years... that's impossible."
According to him, the corporation hopes the factory in Ukraine will produce around 400 tanks per year. In addition, plans for the production and repair of Fuchs armored aircraft carriers have also been drawn up there.
Mr. Papperger stated that the plant could be protected from potential clashes between Russia and Ukraine. "There are many factories producing military goods [in Ukraine]. This is just another factory, and we can protect it," he said, in the context of the Ukrainian defense company Ukroboronprom signing a Strategic Partnership agreement with Rheinmetall in May to establish a joint venture between the two companies.
According to the agreement, Ukroboronprom and Rheinmetall will cooperate on the technical maintenance and repair of armored vehicles sent to Ukraine. Rheinmetall aims to sign contracts to establish two more joint enterprises for the production of ammunition and air defense systems.
Rheinmetall is Germany's largest arms manufacturer. According to its own data, the company is among the top three manufacturers of military equipment and ammunition in the Western world . Currently, Rheinmetall's market value is over 10 billion Euros.
Previously, there were reports that Rheinmetall would deliver 14 Leopard 2 tanks to Ukraine in 2024. The initiators of the agreement to purchase the upgraded 2A4 tanks and deliver them to the Ukrainian Armed Forces (VSU) were Denmark and the Netherlands.
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