April 3, 2018 / 12:24 PM / in 7 months

Rheinmetall says in talks for UK Boxer partners

FRANKFURT (Reuters) - Rheinmetall (RHMG.DE) said on Tuesday it was in talks with a number of UK partners for the Boxer armoured vehicle, including BAE Systems, Thales UK, Raytheon, Rolls-Royce and Pearson Engineering, after Britain said it would rejoin the programme.

Britain’s Ministry of Defence said that the assessment phase of negotiations would end next year. If a deal is struck after that, the first vehicles could enter service in 2023.

The Boxer is made by Artec, a joint venture in which Rheinmetall holds 64 percent and peer Krauss-Maffei Wegmann 36 percent.

Reporting by Maria Sheahan; Editing by Douglas Busvine

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