Rafael, GDELS and KMW Join Forces
Rafael Advanced Defense Systems, General Dynamics European Land Systems (GDELS), and Krauss-Maffei Wegmann (KMW) have agreed to form a joint venture company – EuroTrophy – to pursue European opportunities for the TROPHY active protection system (APS), the companies announced on 11 November.
To be based in Germany, EuroTrophy will also provide vehicle integration services and through-life support for the APS. It is anticipated that the company will be formed by year end, subject to antitrust and other regulatory approvals being granted.
“The establishment of a European joint venture for TROPHY is a strategic milestone for Rafael, which speaks volumes of the confidence that European companies have in TROPHY as a life-saving system. Germany was the first European nation to choose TROPHY to protect its MBTs, joining the US. Now, with the establishment of EuroTrophy, we are confident that additional European countries will join the growing family of TROPHY users, to protect their troops and assets from the growing challenges and threats on the battlefield,” commented Rafael President and CEO, Yoav Har-Even.
“With EuroTrophy, we will make a significant step into an important adjacent market for military vehicles, since advanced protection technologies will play a crucial role for crew survivability in the future. The establishment of a joint company in Germany is also a clear sign of our commitment to our German and European customers, and to international industrial cooperation,” explained GDELS President, Alfonso Ramonet.
KMW’s CEO, Ralf Ketzel, added “Our joint strategic move to establish the EuroTrophy joint venture is a clear commitment to Germany as a prime business location and underscores the importance of active protection systems. On today’s and tomorrow’s battlefields, they will be an important building block for the crews’ endurance, effectiveness and protection. As the leading system supplier for armoured vehicles, the integration of state-of-the-art capabilities into our products is essential.”