Rheinmetall and PGZ to build amphibious tractor

German Rheinmetall and Polish defense holding Polska Grupa Zbrojeniowa (PGZ) established a joint venture to construct an amphibious tractor for Polish Army. The vehicles may also be exported, Reuters reported citing Handelsblatt daily. The work on the project is to be launched still this year, so that the vehicles may be delivered within 3-4 years. According to the German daily, Poland would like to purchase some 200 of them and is going to spend around €300 million, in order to replace the old ones. Polish army modernization expenditures will total PLN 137 billion by 2022, the deputy state treasury minister informed on Tuesday.