German defense contractor Rheinmetall’s stock price has skyrocketed more than 1,000% since Russia invaded Ukraine in 2022. As the EU plans a €800 billion boost in defense spending, Rheinmetall ...

Rheinmetall would ramp up its annual production of artillery rounds from 100,000 to 600,000 next year, and much of that extra output would be earmarked for delivery to Ukraine, he said.

Rheinmetall expects to strike an ammunition deal worth billions of euros with the German government in the coming weeks and will deliver the first 35mm rounds for Gepard anti-aircraft guns to ...

Rheinmetall said it expected third-quarter profit of 191 million euros ($201.89 million), above a consensus estimate of 165.4 million euros, and an operating profit margin of 10.9%, compared with ...

Rheinmetall saw its sales and operating profits jump in the second quarter, as it continued to secure a steady stream of orders from governments seeking to support Ukraine, and confirmed to its ...

FRANKFURT (Reuters) -Rheinmetall, Europe's biggest ammunition maker, has overtaken the continent's top carmaker Volkswagen in terms of market value, in the latest sign of soaring investor demand ...

German arms maker Rheinmetall has secured a contract worth €21 million ($21.4 million) to supply five-digit quantities of 155mm M107 artillery ammunition to an "international customer," the ...

While Rheinmetall also produces tanks, military vehicles and air defense systems, ammunition is its fastest-growing and most profitable activity, generating a whopping 28% operating margin in 2024.

Rheinmetall AG said it has agreed to acquire Spanish ammunition maker Expal Systems SA for an enterprise value of 1.2 billion euros ($1.24 billion).

Rheinmetall’s U.S. subsidiary, American Rheinmetall Defense, is in Reston, Va., and operates eight factories across the United States. The independence of its U.S. operations means the company ...

Rheinmetall has unveiled its latest armed battlefield robot designed for tactical intelligence gathering and combat support. Part of the company's Mission Master Autonomous – Unmanned Ground ...

German defense contractor Rheinmetall’s stock price has skyrocketed more than 1,000% since Russia invaded Ukraine in 2022. As the EU plans a €800 billion boost in defense spending, Rheinmetall ...