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Rheinmetall RHM -5.26% said it has established a new subsidiary in South Africa, Rheinmetall Resonant South Africa. The German arms maker said upon getting approval from the relevant authorities ...
The Latvian government is in talks with German weapons manufacturer Rheinmetall AG on producing defense equipment domestically as part of an effort by Baltic nations to bolster their military ...
Rheinmetall is gaining from strong defense trends but remains a low-margin, asset-heavy firm with stretched valuation. Learn why RNMBY stock is a hold.
Rheinmetall, Germany’s largest arms manufacturer, reported a 46% year-on-year surge in sales to €2.3 billion during the first three months of the year, driven by a 73% increase in its defence ...
FRANKFURT :Rheinmetall has agreed with Finland's ICEYE to form a joint venture to make military satellites, part of a drive to repurpose automotive factories to serve the booming defence sector ...
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, the German defense giant once controlled by the Third Reich, is considering acquiring one of Volkswagen's soon-to-be idle plants, exploring ways to repurpose existing automotive ...
Rheinmetall's market capitalisation stood at around 56.6 billion euros ($61.5 billion) as of 1044 GMT, compared with around 55.4 billion euros for Volkswagen, reflecting the diverging fortunes of ...
Rheinmetall Group concluded its 2024 fiscal year with a record-high operating profit, up by 61% to around €1.48bn. The Düsseldorf-based firm also said on Wednesday that it is projecting ...
German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’ Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.
Rheinmetall said it expects overall sales to grow by 25% to 30% in 2025 amid the Russian invasion of Ukraine and the gradual withdrawal of the US from Europe's defense capabilities. It estimated ...
As well as direct deliveries to Ukraine, Rheinmetall has been assisting Kyiv to improve its defense manufacturing capability. It’s trained Ukrainian specialists in Germany in the maintenance and ...
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