Rheinmetall bags €500 million contract to upgrade Puma IFV
The contract has been issued PSM GmbH, which is co-owned by Rheinmetall and Krauss-Maffei Wegmann, each of which holding 50% share in the company. The contract encompasses the upgrade of the first lot of the Bundeswehr’s Puma infantry fighting vehicle, bringing them up to a uniform enhanced design status.