Rheinmetall $RHM (+0,79 %) has received a significant order from Canada, which was finalized today. As part of the "Enhanced Recovery Capability" (ERC) project, Rheinmetall will supply 85 tactical HX 8x8 trucks to the Canadian Armed Forces. This major order is worth around 325 million Canadian dollars. The vehicles will significantly improve the Canadian Army's recovery and maintenance capabilities and are in line with Rheinmetall's strategy to further expand its presence and cooperation in the North American market.

Personal opinion:

The order underscores Rheinmetall's position as a leader in the defense sector and reinforces its role as a strategic partner to the Canadian defense industry. Deliveries are only planned in the coming years and will ensure Rheinmetall continues to have solid sales and a full order book. Strong company.

Source:

https://defence-network.com/rheinmetall-85-schwere-bergefahrzeuge-kanada/

The news is based on what I personally consider to be reputable sources. However, I do not guarantee their accuracy. No advice.