This move brings Rheinmetall’s total ownership to a controlling interest of 51%, granting it majority control over the firm. Previously, the Bremen-based Rheinmetall division held a 40% interest ...

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 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 ...

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.

German defense giant Rheinmetall has acquired Michigan-based advanced manufacturing company Loc Performance Products for $950 million as its American subsidiary vies for some of the biggest U.S ...

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 ...

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.