Beretta Holding acquires RUAG Ammotec
RUAG Ammotec currently holds over 340 patents. (Photo: RUAG International)
Swiss aerospace group RUAG International announced on 02 August that it has transferred all shares in RUAG Ammotec (its small-calibre ammunition division) for an undisclosed sum to Beretta Holding as of the end of July.
From this month, Beretta Holding will take over all business activities, all 2,700 employees as well as the production and sales sites of RUAG Ammotec. Both companies had signed an agreement on the sale of the business unit on March 9, 2022.
A part of small-calibre ammunition, RUAG Ammotec also produces pyrotechnic elements and components, precision ammunition for special forces and heavy metal-free primer elements. Currently, it holds over 340 patents.
In May, RUAG International sold RUAG Simulation & Training (S&T) to Thales. In April, the manufacturer agreed to sell its Australian military and civil aerospace MRO business to ASDAM, and the transaction is expected to be concluded this year.
With the completion of the sale of Ammotec, RUAG International will now focus on the space market. The company thus still consists of three segments: Beyond Gravity (formerly RUAG Space), RUAG Aerostructures and MRO International.
More from Land Warfare
-
CV90 revels in northern exposure while looking for new customers (updated April 2025)
The BAE Systems Hägglunds’ CV90 IFV has been around for decades but continual refreshing to maintain power and relevance, along with a healthy market at home in Sweden and neighbouring countries, has led to more than 1,700 vehicle orders with 10 countries.
-
Oshkosh notches JLTV win with Dutch order
The order further extends the Oshkosh Defense production line as AM General, selected for US orders, pushes to get vehicles out the door with no room for export orders.
-
US and Europe continue moves to boost 155mm munitions production
The new US facility for 155mm artillery projectiles is a reflection of a worldwide trend which has also seen Rheinmetall and BAE Systems working to improve capability in the same area.
-
Dronebuster product line and production capability expanded
DZYNE Technologies, the maker of Dronebuster counter-uncrewed aerial system (C-UAS) devices, has announced plans to expand production and released details on a new version of the system. This follows the release of an all-in-one kit system earlier this year.
-
Ireland plans for radar capability in 2026
The Irish Government has previously outlined ambitious plans, the furthest reach of these being the possible purchase of fighter aircraft to provide a capability the country’s defence force currently doesn’t have. A more advanced procurement effort for a primary radar is being fast tracked.
-
US Army LTAMDS enters production phase
LTAMDS was approved in multiple flight trials and assessments.