The Duesseldorf-based technology group Rheinmetall has received a framework contract from the Bundeswehr for the delivery of 155mm artillery ammunition worth up to €8.5 billion gross. The contract was signed on 20 June 2024 by Annette Lehnigk-Emden, President of the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw), and representatives of Rheinmetall in Koblenz at the office’s headquarters.

Vitesco Technologies, a leading international manufacturer of advanced drive technologies and electrification solutions, is presenting the new Rotor Lock Actuator at the SIA POWERTRAIN in Lille (France) from June 19 to 20, 2024. The module for electric vehicles combines three key functions in one unit.

Embraer and Rheinmetall are in discussions to expand their training network with a focus on the C-390. The aim is evaluate the needs of the increasing number of C-390 European customers with respect to training and decide on the development of a dedicated training center in the region, supporting existing and future C-390 customers.

At its meeting today, the Supervisory Board of Continental AG appointed Olaf Schick (52) as the company’s new chief financial officer (CFO) effective July 1. In addition to Group Finance and Controlling, Schick will remain responsible for Group Law and Intellectual Property, Group Compliance, Group Internal Audit, Group Quality Management and Group Risks and Controls, all of which are currently part of the Integrity and Law function. Continental CEO Nikolai Setzer will take charge of Group Information Technology (IT), which is currently part of the Finance function.