Renk’s CEO forecasts sustained demand for traditional armored vehicles, delaying drone displacement until after 2035.
Renk Chief Executive Alexander Sagel stated that crewed armored vehicles will remain central to military procurement through 2030, despite rising investments in drones and autonomous systems. The company expects heavy vehicles to retain dominance, with significant displacement unlikely before 2035.
Demand for Renk’s drivetrain and transmission systems is projected to stay resilient as militaries balance conventional and unmanned platforms. The company is also investing in unmanned ground vehicles but anticipates a hybrid approach in future procurement.
No immediate market reaction was reported following the comments.