Rheinmetall RHM 1.28% 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 ...

German arms maker Rheinmetall expects its order backlog to grow to 60 billion to 70 billion euros ($65-$76 billion) by the end of the year, its Chief Executive Armin Papperger told Frankfurter ...

U.S. drone-maker Anduril and German defence giant Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) to build aerial drones for European markets, the companies said on Wednesday. The companies will jointly ...

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 ...

Summary Rheinmetall stands to benefit from Europe's defense spending surge, with a €63 billion order backlog and a projected 10-12% annual sales growth. The company’s strong market position in ...

On the evening of April 24, BlueFocus released its 2024 annual report, posting full-year revenue of RMB 60.797 billion, up 15.55% year-on-year. It is now the first marketing company in China to ...

Rheinmetall has agreed to buy US vehicle specialist Loc Performance Products in a strategic purchase designed to better position the German company in its bids for the US Army XM30 infantry fighting ...

Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) plans to convert two factories in Germany from making automotive parts to mostly producing defense equipment, Reuters reported Monday. The plan comes amid ...

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 ...

Under the agreement, Rheinmetall will hold a 60% majority stake in the venture, with ICEYE owning the remaining 40%. The joint venture will focus initially on manufacturing Synthetic Aperture ...

Moreover, Rheinmetall formed a 60%-owned joint venture with Lockheed Martin to establish a sovereign European production base for precision-guided tactical missile systems, addressing US supply ...

German arms maker Rheinmetall expects its order backlog to grow to 60 billion to 70 billion euros ($65-$76 billion) by the end of the year, its Chief Executive Armin Papperger told Frankfurter ...