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Defence-Rheinmetall export order: Reliance Defence Limited (Reliance Defence ), promoted by Reliance Infrastructure Limited , today, June 25, announced it has secured a significant export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunitions manufacturer.
Reliance Defence’s export order is one of the largest in the high-tech ammunition domain to date.
“This underscores the strength of its recently announced strategic partnership with Rheinmetall. The order represents a key milestone in Reliance Defence’s strategy to strengthen its position as a reliable partner in the global defence and munition supply chain, with a particular focus on Europe,” Anil Ambani-led company said in a press release.#FundamentalViews#TechnicalViews#IndexStrategies#Today’sTradingSetup#TrendingSectors
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