Rheinmetall Wins Order To Supply Laser-Light-Modules For German Armed Forces
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Rheinmetall AG announced that it has been commissioned by the Bundeswehr to supply 'LLM-VarioRay' Laser-Light-Modules for the German Armed Forces, in a deal worth several hundred million euros. These modules are used on infantry handguns for target detection and identification. The order includes an option for additional modules and is scheduled for delivery over seven years. Rheinmetall's stock rose 1.68% to $1,820.00 on the OTC Markets.
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