Rheinmetall invests EUR 350 million to expand propellant output at Aschau site

• Rheinmetall will invest EUR 350 million to expand propellant production at its Aschau am Inn site, building one of Europe’s largest powder plants.
• Capacity for artillery propellant components to rise to 2,500 additional tons of powder, over 1 million modular charge modules, over 5 million combustible parts.
• Production ramp-up to start in 2027, with maximum output targeted for 2028; current output totals 1,700 tons of powder, 300,000 charge modules annually.
• Headcount in Aschau to increase to about 1,300 from over 800, following roughly 80% growth since 2022.
• Project supports a group target of 20,000 tons of propellant powder capacity by 2030, with Aschau expected to contribute 4,200 tons.

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