Bundeswehr places order with PSM for 200 more Puma IFVs

Germany’s Bundeswehr has commissioned Projekt System & Management (PSM), a joint venture between Rheinmetall and KNDS Deutschland (KNDS), to supply 200 additional Puma infantry fighting vehicles (IFVs), the companies announced on 19 December 2025.

The corresponding amendment to the existing framework contract has now been signed at the Federal Office for Equipment, Information Technology and In-Service Support of the Bundeswehr (BAAINBw) in Koblenz, with the contract taking legal effect in January 2026.

The total gross value of the procurement is EUR 4.2 billion, of which KNDS will receive EUR 2.1 billion while EUR 2.1 billion will go to the Rheinmetall subsidiary Rheinmetall Landsysteme. Both companies are implementing the project as subcontractors.

The first vehicles are scheduled for delivery in mid-2028.

The BAAINBw awarded PSM the original framework contract for the delivery of Puma IFVs in May 2023, placing an initial order for 50 S1-standard vehicles upon signing the contract. This contract has now been enlarged. In addition to the IVFs ordered to date, the contract also includes the procurement of corresponding protection modules and storage containers. Furthermore, a contract amendment for S2-standard IFVs is planned for mid-2026. The aim is to eliminate obsolescence and implement additional capabilities such as drone defence, based on the turret of the Jackal armoured vehicle (which uses the Boxer 8×8 platform to mount a Puma turret).

The Bundeswehr operates the Puma IFV as the primary weapon platform of its armoured infantry and has 350 of the type in active service.

Between 2023 and 2024 the BAAINBw commissioned the comprehensive modernisation of 297 of the Bundeswehr’s Puma IFVs to the S1 series standard. This retrofit, which will be completed in 2029, includes the integration of high-resolution day and night vision camera systems, the multi-role light guided missile system (MELLS in German) and digital radio equipment.