The Franco-German MGCS main battle tank project, which has stalled for years, is speeding up and has political will on both sides, Rheinmetall chief executive Armin Papperger said on Thursday.
German arms maker Rheinmetall is in talks with a Romanian state company over a possible joint venture for an ammunition factory, Romania's President Nicusor Dan said on Friday.
Germany's Rheinmetall is speaking with financial investor One Equity Partners (OEP) about a possible takeover of its auto supply division, Power Systems, business daily Handelsblatt reported on Wednesday.
Sweden has signed agreements with Germany's Rheinmetall and Norway's Nammo worth over 5 billion crowns ($526.02 million) for artillery ammunition deliveries, its defence ministry said on Tuesday.
In this video, I will talk about four interesting European companies that could provide investors with some diversification outside the United States. I chose a mix of companies in different industries.
German defence contractor Rheinmetall's subsidiary Denel Munition signed a multi-year contract for the delivery of 155mm projectiles for a European NATO country, the company said on Thursday.
Rheinmetall's stock has surged on European rearmament, but current valuation is too high to justify a large investment right now. Strong revenue growth and a robust order backlog support long-term prospects, yet much future upside appears already priced in. Geopolitical factors, including EU spending diversification and US competition, may limit Rheinmetall's market share gains.
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