General Dynamics Land Systems (GDLS) has been awarded a $150m contract for the Abrams Engineering Programme, intended to ...

The tanks will also receive a new Rheinmetall Rh-120/L55A1 gun with an ammunition programming system and improved ballistics due to a longer 55-caliber barrel instead of the old Rh-120/L44. As a ...

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 ...

Historically, the valuation is at a high level, at a P/E ratio of 120.92x, reflecting full order books and the expectation that Rheinmetall will secure 10-20% of orders from the EU.

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 ...

Germany’s Rheinmetall recently unveiled a new tank, or rather a mechanized fire support vehicle. The new vehicle is dubbed Lynx 120, because it is made on the chassis of the KF41 Lynx Infantry ...

THE HAGUE, Netherlands — Rheinmetall and Finnish satellite manufacturer ICEYE signed a memorandum of understanding on Thursday, establishing a joint venture focused on satellite production. The ...

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 ...

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'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 ...

In addition to the standard 155-millimeter munitions used by NATO members, Rheinmetall makes battlefield equipment, from armored trucks and drones to the Leopard 2 tank’s 120-millimeter gun.