Taiwan conducted its first live-fire test of the U.S.-made HIMARS rocket system, showcasing a major upgrade in its long-range strike capabilities amid rising tensions with China, according to ...

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.

Wide-moat Rheinmetall reported group backlog rising 56% year on year to EUR 62.6 billion, supported by EUR 11 billion in new nominations. Management confirmed that around EUR 55 billion of ...

Rheinmetall will ramp up production of propellant powder for ammunition at its plant in the Bavarian town of Aschau by 500 to 600 metric tons per year, adding some 10% to its current global ...

Rheinmetall stock has surged over 125% since August 2023. Q2 results show strong sales growth of 49.2% to €2.2 billion and earnings surge of 110.1% to €270 million. Huge pipeline of ...

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 ...

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 ...

The Rheinmetall Laser The tests set the laser against three different targets. The first was a 15 mm-thick (0.59 in) steel girder that was cut through at a distance of 1,000 meters (3,281 ft).

Rheinmetall in February announced a €300 million investment to build a new ammo plant in northern Germany with annual capacity for 200,000 artillery shells and 1,900 metric tons of explosives.

Summary. Rheinmetall's stock surged over 2,000% due to the Ukraine war, but its P/E ratio of 76 suggests only potentially positive trends are priced in, with no event-driven downside risk.