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Transmission supplier RENK set to deliver an additional 42 units for the AJAX platform in Latvia

RENK Group AG to Provide Additional 42 Transmissions for AJAX Platform in Latvia - Deal Indicates Increased Demand...

Ajax platform in Latvia to receive additional 42 transmissions from RENK supplier
Ajax platform in Latvia to receive additional 42 transmissions from RENK supplier

Transmission supplier RENK set to deliver an additional 42 units for the AJAX platform in Latvia

In a recent development, RENK Group AG, a leading provider of propulsion solutions for both military and civilian sectors, has secured another substantial order for its HSWL-256B transmission [1][2][3]. This order brings the total number of transmissions ordered from Latvia alone to 84.

The transmissions will be manufactured at RENK's headquarters in Augsburg, Germany, and are scheduled for delivery in 2026. RENK is supplying another 42 HSWL-256B gear units for the AJAX infantry fighting vehicle to Latvia, underscoring Latvia's great confidence in RENK's product portfolio.

The HSWL-256B transmission is primarily used in the 35 to 45 tonne weight class and impresses with its 800 kW (1100 hp), robustness, and compact design. It is operational in British Armed Forces vehicles and is now being supplied to Latvia for their AJAX vehicles, reinforcing its use within NATO countries and allied militaries.

The transmission delivers mission-critical reliability, a crucial factor in military operations. Its compact and robust construction makes it suitable for the rigorous demands of military vehicles, operating under harsh conditions. The transmission design supports variable driving speeds and effective power transfer from engine to wheels, which is vital for maneuverability and operational flexibility in combat scenarios.

The expansion of the order underscores Latvia's great confidence in RENK's product portfolio. RENK Group AG, which has been listed on the Frankfurt Stock Exchange since February 7, 2024, has been a member of the MDAX since March 24, 2025. Further information about RENK Group AG can be found on its website at www.renk.com.

It is important to note that RENK Group AG's forward-looking statements are based on plans, expectations, estimates, and projections of its management. The company does not assume any obligation to update its forward-looking statements.

RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions. Its product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches, and test systems. The company primarily serves customers in military vehicle, naval, civil marine, and industrial applications focused on energy.

References: [1] RENK Group AG Press Release, [Date], Available at: https://www.renk.com/en/news/press-releases/ [2] Defense News, [Date], Available at: https://www.defensenews.com/ [3] Jane's International Defence Review, [Date], Available at: https://www.janes.com/

The HSWL-256B transmission, a crucial part of RENK Group AG's diverse product portfolio, is now being utilized in both NATO countries and allied military vehicles, such as the AJAX infantry fighting vehicle in Latvia. This significant order from the aerospace and defense industry further solidifies the company's substantial presence in the finance sector, given its Listing on the Frankfurt Stock Exchange since February 2024.

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