"The multi-year framework agreement includes 2,054 German and 1,004 Dutch vehicles with a gross contract value of up to 1.9 billion euros [$2 billion]," the company said in a press release.
Rheinmetall's Caracal air assault vehicle was developed in cooperation with German car manufacturer Mercedes-Benz AG and Armoured Car Systems GmbH. Delivery of the first test models is planned for the first quarter of 2024, and mass production is scheduled to start in early 2025.