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Nexter Press release ( 03 February 2010)

Multiyear medium caliber ammunition supply contract
The French procurement agency (Direction Générale de l’Armement - DGA) has just awarded Nexter Munitions a multiyear contract to supply 20mm, 25mm and 30mm combat and training medium caliber ammunition.
Deliveries of the 1,880,000 cartridges covered by this €139 million (inc. VAT) contract will take place until mid-2016, providing continuity of delivery with the 1,135,000 cartridges already supplied under the previous multiyear contract.
This global contract provides the French military with a guarantee of long-term ammunition supply, at the same time as maintaining the industrial fabric of suppliers, ensuring dynamic management of obsolescence, having the ability to increase delivery capacity rapidly in the event of crisis and exploiting the beneficial effects of scale made possible by high-volume contracts of this type.
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