Single source contract 2026-10-14 €130m
RENK Group and KNDS Deutschland have signed a contract extension worth approximately €130 million for the delivery of HSWL 354 transmissions for Leopard 2 family vehicles. The order also includes TCS-354A transmission control systems and related services.
Corroborated contract 2026-10-06 €30m
German drivetrain manufacturer RENK Group has received a €30 million order from Finland's Patria for HSWL 076 transmissions for the TRACKX tracked armored vehicle family. RENK supplied pre-series transmissions earlier this year; deliveries under the new, larger contract begin soon. Finland and Sweden are procuring TRACKX vehicles.
Why it matters: RENK is converting a pre-series trial into serial production for a platform that already has two NATO customers — a rare example of a European land-systems supply chain running at speed before the main procurement finishes.
Single source funding 2026-08-11
RENK Group AG reported record order intake for the first half of 2026, European Security & Defence notes, underscoring demand for military and civilian propulsion kit from the Augsburg specialist.
Why it matters: Propulsion and drivetrain houses are a quieter European bottleneck than airframes — and the order books are filling first.