There are challenges for defense companies operating in Europe—the estimated increase in military spending may not materialize for instance. But Europe is playing catch-up on an epic scale.
Rheinmetall AG ( RHM:CA ) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST Company Participants Armin Papperger - Chairman of the Executive Board & CEO Klaus Neumann - CFO & Member of Executive Board Conference Call Participants Sebastian Growe - BNP Paribas, Research Division Chloe Lemarie - Jefferies LLC, Research Division Samuel Burgess - Goldman Sachs Group, Inc., Research Division Sven W...
German arms manufacturer Rheinmetall , one of the main beneficiaries of a boost in European defence spending, reported a 20% rise in consolidated sales, to 7.52 billion euros ($8.77 billion), in the first nine months of the year on Thursday.
The joint venture between European defence giants Rheinmetall and Leonardo received its first order from the Italian army to build combat vehicles, the companies said on Wednesday.
German defence giant Rheinmetall is in the final stages of negotiating a multi-billion-euro ammunitions supply contract, CEO Armin Papperger told Reuters in an interview on Tuesday.
Bulgaria and European defence giant Rheinmetall on Tuesday sealed a deal worth more than 1 billion euros ($1.2 billion) to build a plant that will produce gunpowder and 155-mm artillery shells.
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