Rheinmetall expects to win €22 million order for aluminium pistons for the North American market
The pistons unit of the technology group Rheinmetall expects to win a significant order for piston systems from a major international automaker.
A letter of intent on the development and production of customized aluminium pistons has been signed with a well-known carmaker; together with the piston ring and piston pin, it forms a true system solution. The system is destined for the four- cylinder petrol engine of a new line of passenger cars made by the automaker for the North American market. The agreement, which is scheduled to run for seven years, represents lifetime sales volume of around €22 million.