What Happened
German Defense Giant Secures Billion-Euro Contract for Autonomous Strike Drones
Rheinmetall has secured a framework contract with the Bundeswehr for the supply of its FV-014 loitering munition, with a total ceiling in the billions of euros. The initial call-off is worth approximately €300 million and covers around 2,500 FV-014 strike drones. Deliveries are scheduled to begin in the first half of 2027. The FV-014 combines reconnaissance and strike capabilities, with an operational range of up to 100 kilometers and a flight endurance of 70 minutes. This contract was first reported by AeroTime.