Bundeswehr launches loitering munition spending spree with $2.16 billion unassigned
Rheinmetall describes the FV-014 as a loitering munition system which combines reconnaissance and precision-strike capabilities. (Photo: Rheinmetall)
After months of delays, Rheinmetall has inked a €300 million deal with Germany for its FV-014 drone this week as part of a wider framework contract worth €2.4 billion for loitering munition procurement. Shephard looks at how the as-yet-unawarded funds could be spent.
Rheinmetall announced this week that it had signed a contract with the Bundeswehr worth €300 million (US$344.28 million) to acquire the company’s FV-014 autonomous recce and strike drones. Delivery of the drones is scheduled to begin in the first half of 2027, with qualification starting in the second quarter of 2026.
The contract is part of a wider Bundeswehr procurement of various loitering munition systems, including the HX-2 from Helsing and the Virtus drone from Stark Defence.
This latest announcement comes after various reports highlighted that Rheinmetall was having issues with the programme. Reporting in January 2026, Hartpunkt noted that initial contract awards, planned for late
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Air Warfare
-
![How defence sovereignty is driving middle power jet programmes]()
How defence sovereignty is driving middle power jet programmes
While moving away from US-made equipment towards home-grown options is a rising preference for some countries, there are multiple hurdles to overcome to compete with the US’s expansive global footprint and dominance.
-
![Optimism remains for GCAP and FCAS future despite programme stumbling blocks]()
Optimism remains for GCAP and FCAS future despite programme stumbling blocks
Both sixth-generation combat aircraft programmes are still awaiting major key decisions from respective governments with regards to funding or future direction, but industry and governmental officials remain optimistic of progress going forward.
-
![SOF Week 2026: AFSOC unveils deployable Block II OA-1K Skyraider II]()
SOF Week 2026: AFSOC unveils deployable Block II OA-1K Skyraider II
AFSOC has revealed a new Block II variant of the OA-1K Skyraider II featuring rapid deployment and reassembly capabilities designed to support expeditionary special operations missions.
-
![British Army's Project Nyx progress reflects MoD investment in autonomous system]()
British Army's Project Nyx progress reflects MoD investment in autonomous system
The UK MoD said it would narrow down the competitors from four to two later in the year, with those selected going on to develop the prototype drone that will operate as loyal wingman to the British Army’s Apache AH-64E helicopters.
