Declarations from Bulgarian politicians reveal significant assets, including a Porsche, Rheinmetall shares, and properties in Paris and by the sea.

The head of German defense contractor Rheinmetall is refusing to be intimidated by alleged threats, maintaining a firm stance as Germany boosts its drone security research following recent incidents and concerns over geopolitical tensions.

The recent hype surrounding Rheinmetall's stock is facing scrutiny, with analysts suggesting the company is not invulnerable to market fluctuations. This comes as other companies like Graco also experienced dips despite healthy profitability.

Rheinmetall has revised its revenue forecast downwards following the cancellation of an order for F126 frigates. The German defense contractor cited the lost warship contract as the reason for the reduced expectations.

Arms manufacturer Rheinmetall has revised its sales guidance downwards following Germany's decision to cancel a planned frigate project.

The expansion of Rheinmetall's propellant powder factory in Aschau, Bavaria, highlights Germany's growing rearmament efforts, a development that is beginning to worry neighboring countries.

A Geospace Technologies unit has secured a $10.8 million contract with the U.S. Navy, while Rheinmetall has been tasked with repairing a frigate. These contracts highlight ongoing defense-related activities.

Germany's draft 2027 budget indicates a reduction in munitions outlays to approximately €9.6 billion, down from €11 billion in 2026, a move that could impact companies like Rheinmetall.

Despite an overall increase in Germany's defense budget for coming years, a significant cut in ammunition spending is projected for 2027, impacting companies like Rheinmetall.

A former Rheinmetall employee from Switzerland struck a woman in the face during a pro-Palestine demonstration in Ottawa in 2024. A court found him guilty of the assault but did not impose a penalty.

Rheinmetall is expanding its gunpowder production in a project dubbed 'Project Firepower,' as Europe races to replenish ammunition stockpiles and address gunpowder scarcity, a critical bottleneck for defense sovereignty.

TKMS has withdrawn its bid for German naval yards, leaving Rheinmetall as the sole remaining suitor for the acquisition.

Romania is acquiring two military patrol vessels from the German arms manufacturer Rheinmetall for nearly 840 million euros, while Bulgaria's program for similar vessels from the same producer initially appeared significantly cheaper.

A major planned industrial investment in Bulgaria, involving the construction of a factory with German defense giant Rheinmetall, has been unexpectedly questioned by the Bulgarian government, not the foreign partner.

Swedish activist Greta Thunberg was detained by Berlin police during a protest against Rheinmetall, Germany's largest arms company, which supplies weapons to Ukraine and Israel.

German defense manufacturer Rheinmetall has delivered 155mm artillery ammunition to Ukraine for the first time, produced at its new Werk Niedersachsen facility in Unterlüß, Lower Saxony.

A delegation of high-ranking executives from the Hellenic Vehicle Industry (ELVO) visited Rheinmetall MAN Military Vehicles GmbH (RMMV) production facilities in Austria, strengthening their ongoing industrial cooperation.

Rheinmetall has issued a very brief comment regarding news of problems with its factory project in Bulgaria, stating that they currently have no new information on the matter.

The new Bulgarian government has cast doubt on the construction of two joint factories near Karlovo between German defense manufacturer Rheinmetall and state-owned VMZ Sopot.

American giant Lockheed Martin and German arms manufacturer Rheinmetall have signed a memorandum to produce ATACMS ballistic missiles in Europe, which are used by the HIMARS artillery system operated by Romania.

The Plovdiv Administrative Court in Bulgaria has definitively annulled the decision by the Karlovo Municipal Council to hold a local referendum on the proposed Rheinmetall gunpowder and ammunition factory, ruling that the questions posed were not appropriate.

German arms manufacturer Rheinmetall has secured a new contract worth tens of millions of euros to supply tens of thousands of artillery shells, including special propellant charges, to the Ukrainian army, enabling a range of up to 40 kilometers.

Belgium intends to purchase 10 NASAMS launchers from Kongsberg and 20 Skyranger short-range air defense systems from Rheinmetall, totaling €3.1 billion, to bolster its air defense capabilities.

German defense company Rheinmetall presented potential cooperation opportunities to Croatian defense firms, aiming for strategic partnerships and the development of unmanned systems with Dok-Ing.

The German government has canceled the F126 frigate construction program, a significant blow to Rheinmetall, whose market value sharply declined following the decision.

Rheinmetall shares dropped significantly, experiencing their largest intraday decline in over a year, following reports that Germany has canceled a multi-billion-euro warship program.

European defense stocks are under pressure following reports that the German government is considering canceling the F126 frigate construction program, leading to a 13% drop for Rheinmetall.

Italy's new battle tank, based on Rheinmetall's KF-51 Panther, will include an onboard drone pilot, a weapon turret for drone defense, and the ability to fire guided Volcano ammunition.

German arms manufacturer Rheinmetall is reportedly set to commence discussions regarding defence production in Japan, according to Nikkei.

German defense company Rheinmetall, which plans to produce combat drones in Germany, showcased a mobile launcher for these weapons at the Eurosatory defense industry exhibition in Paris.

German defense contractor Rheinmetall is divesting its civilian 'Power Systems' division to Munich-based investment firm Aequita for 350 million euros, as it intensifies its focus on the defense sector.

The Düsseldorf-based Rheinmetall group is becoming the central outfitter for the German Bundeswehr, leading to concerns about a potential security policy cluster risk due to concentrated military contracts.

A German business ticker reported that Hornbach gained market share, the Bundeswehr plans a €1 billion truck order from Rheinmetall, Uber became Delivery Hero's largest shareholder, and Commerzbank advised against a Unicredit offer.

Questions have emerged regarding the construction of a Rheinmetall ammunition factory in Radviliškis district, Lithuania, with the head of the state-owned EPSO-G group citing delays due to a prolonged cold winter. Ministers emphasize the contractor's commitment to the schedule.

German defense contractor Rheinmetall could secure a €12 billion contract from the navy, capitalizing on delays in the F126 frigate project to position itself as a potential solution provider.

Rheinmetall is reportedly bidding for German naval yards as part of its strategy to expand its ambitions in warship manufacturing.

Rheinmetall announced a surge in its first-quarter earnings, attributing the strong performance to high demand in the defense sector, and reaffirmed its financial guidance.

The Rheinmetall factory in Zalaegerszeg, western Hungary, offers insight into the process of creating modern combat vehicles. This facility is where the state-of-the-art Lynx infantry fighting vehicles are manufactured, combining cutting-edge technology.

Rheinmetall and MSC are reportedly in discussions to jointly acquire the Mangalia shipyard in Romania, signaling potential changes in the country's industrial landscape.

German defense contractor Rheinmetall reported sales that fell short of analyst estimates, attributing the miss to a shift in revenue recognition into the second quarter.

Greek company ELVO and German defense firm Rheinmetall have signed a Memorandum of Understanding. The agreement aims to strengthen defense production capabilities within Greece.

Rheinmetall is set to undertake Romania's second-largest military acquisition through the SAFE program, valued at approximately 920 million euros. The German defense contractor will construct four pat

Hungarian IT company 4iG is enhancing its collaboration in space and defense sectors with German industrial group Rheinmetall AG, in which Rheinmetall holds a 25% stake.

Rheinmetall CEO Armin Papperger announced that the company's arms production can rapidly increase, noting a more than tenfold increase in artillery ammunition production and criticizing over-reliance on nuclear deterrence.

The Bundestag's Budget Committee in Berlin has approved a significant contract for defense industry giant Rheinmetall to produce combat drones, a decision that will also impact the German brigade stationed in Lithuania.

German defense company Rheinmetall has announced its intention to establish a 'defense ecosystem' and significantly expand its production capabilities within Romania.

German defense contractor Rheinmetall and aerospace company Destinus have announced a partnership to develop a new European missile venture. This collaboration aims to strengthen European defense capabilities.

A joint report by Delfi and colleagues in Latvia and Estonia has identified the top 10 most promising defense startups in the Baltic states, with six Lithuanian companies making the list.

THEON SENSORS, a subsidiary of THEON INTERNATIONAL Plc, has entered into a strategic agreement with Rheinmetall Electronics GmbH for the development, certification, and supply of the stabilized electro-optical PHYLAX system.

The director of Rheinmetall reportedly disparaged Ukrainian drones, claiming they lack innovation and are made by housewives. Ukrainians have responded, asserting that their "housewives" are contributing to Europe's defense.

The CEO of Rheinmetall faces criticism for controversial statements regarding drones, with suggestions that a deeper understanding of the technology is needed to avoid the fate of the auto industry.

Ukraine has issued a strong response to comments made by the Rheinmetall CEO regarding 'housewives' drones', criticizing the remarks.

Rheinmetall issued a clarification regarding its support for Ukraine after comments made by its CEO about drones sparked public backlash.

Izvršni direktor njemačkog vojno-industrijskog giganta Rheinmetall, Armin Papperger, izdao je oštro upozorenje o stanju globalnih zaliha naoružanja u jeku sukoba na Bliskom istoku.

A Rheinmetall factory in Berlin is transitioning from producing car parts to components for grenades, sparking protests from activists and creating dilemmas for workers, unions, and the local community.

Tarptautinė energetikos agentūra (IEA) paskelbė apie koordinuotą 400 mln. barelių naftos rezervų atlaisvinimą, siekiant sušvelninti rinkos reakciją į vykstantį konfliktą Artimuosiuose Rytuose.

Rheinmetall Expects Sales Surge as Europe Rearms, Anti-Drone Demand Grows  WSJ

Rheinmetall Expects Sales Surge as Europe Rearms, Anti-Drone Demand Grows  WSJ

Im Wasser, zu Land, in der Luft und im Weltraum: Rheinmetall will überall mitmischen.

A German business ticker covers various topics including the use of long trucks to maintain logistics during drought, an estimated 64 billion Euro loss due to minimum wage fraud, and statements from the Rheinmetall CEO.

A German business news ticker covers Amazon's financing of a gas power plant in Texas, Nvidia's planned billion-dollar deal, Berkshire Hathaway's profit increase and share buybacks, and a quote from Rheinmetall's CEO.

SwissCom and Rheinmetall AG have both reported their half-year financial results. These reports provide insights into the companies' performance over the first six months of the year.

Arms manufacturer Rheinmetall has revised its sales guidance downwards after Germany decided to scrap a planned frigate project, impacting the company's outlook.

Rheinmetall AG, Germany's largest defense company, has lowered its sales forecast for the year after failing to secure a German naval contract worth several billion euros.

German defense contractor Rheinmetall is reportedly in advanced discussions to take over the Mangalia shipyard in Romania, signaling a potential expansion in the region.

Rheinmetall CEO Armin Papperger has achieved the highest media presence in the F.A.S. Manager Ranking, though other executives have seen greater stock market success.

The Bulgarian government and German defense industry concern Rheinmetall are continuing negotiations for the construction of gunpowder and ammunition factories near Karlovo.

German defense contractor Rheinmetall announced plans to more than double its gunpowder output at a plant in Germany.

The Hungarian government has provided approximately 100-110 billion forints in research and development support to the German company Rheinmetall for tank development. Questions have been raised regarding the potential return on this significant investment.

Germany's Federal Office for Equipment, Information Technology and In-Service Support of the Bundeswehr (BAINB) has signed a contract with Rheinmetall and MBDA for the production and delivery of high-performance laser weapons for land, sea, and air applications.

Today's 'Business Breakfast' newsletter covers key topics including the potential for a military factory with Rheinmetall, the government's stance on a coalition for Ukraine, and the social security budget entering the plenary hall.

German defense company Rheinmetall has delivered the initial batch of 155mm artillery ammunition to Ukraine. This ammunition was manufactured at the company's new plant in Unterlüß.

Rheinmetall is making progress on its civil mobility and military automation projects in both Germany and the United Kingdom, indicating strategic developments for the company.

The collaboration between the Hellenic Vehicle Industry (ELVO) and Rheinmetall MAN Military Vehicles is progressing to the next phase, focusing on the production of modern military trucks at ELVO's facilities in Thessaloniki.

GERB and Democratic Bulgaria have criticized the current Bulgarian cabinet, alleging sabotage of the Rheinmetall project, which involves two previously agreed-upon factories in the country.

Croatian Prime Minister Plenković commented on the establishment of Rheinmetall Unmanned Vehicles and ironically addressed President Milanović's performance at the NATO summit and his constitutional actions.

Rheinmetall is poised to secure a German laser deal following a previous frigate-related setback.

Rheinmetall CEO Armin Papperger criticized former Chancellor Angela Merkel for downplaying the defense industry and relying on the US, highlighting a significant policy shift after 2022.

Rheinmetall stock rises amid reports of German arms deal with US

Arms company Rheinmetall's €15 billion warship project for Germany has failed, leading to significant losses and testing investor confidence. The setback raises questions about the company's strategic gambles.

The GEK Terna group is strengthening its presence in the defense industry by signing a strategic cooperation agreement with Germany's Rheinmetall Landsysteme.

Germany has canceled a naval program, leading to Rheinmetall shares plummeting to an 18-month low, as the F126-class frigate production faced delays and cost overruns.

Shares of German defense giant Rheinmetall fell over 16% after the Berlin Defense Ministry canceled a delayed F126 frigate program, for which Rheinmetall was the main contractor.

GEK TERNA and German defense industry Rheinmetall Landsysteme GmbH are entering a strategic partnership aimed at strengthening the Greek defense industry and developing new capabilities.

THEON International Plc has announced new orders totaling approximately €70 million, with a significant portion coming from Rheinmetall as part of the Bundeswehr's "Soldier of the Future" program. These new contracts are expected to further accelerate the company's growth.

Major defense companies like Airbus, Dassault, Indra, Santa Bárbara, and Rheinmetall are entangled in disputes and alliances as they vie for contracts in the lucrative European defense market.

German defense company Rheinmetall has submitted an offer to Poland's Ministry of National Defense to build its first ammunition factory in the country, with negotiations currently underway and an agreement possible in the coming weeks.

German defense giant Rheinmetall is actively recruiting various specialists, from electricians to mechatronics, for its upcoming ammunition factory in Lithuania, with job postings also detailing salary offers.

German defense contractor Rheinmetall has announced the divestment of its automotive business to private equity firm Aequita for €350 million. This strategic move allows Rheinmetall to focus on its core defense activities.

Rheinmetall has finalized its transition to a pure defense company by selling its automotive unit, as reported by Bloomberg.

Rheinmetall, a prominent German weapons manufacturer, has issued its first bond in 16 years, signaling a significant financial move for the company.

Franco-German tank manufacturer KNDS is reportedly considering reviving a previously rejected alliance with Rheinmetall to better compete in the growing European defence market.

Europe is reportedly moving to urgently develop its own long-range missiles, with German defense giant Rheinmetall establishing a joint venture with aerospace company Destinus. This initiative aims to bolster the continent's defense capabilities.

German defense contractor Rheinmetall is reportedly in talks with restructuring specialists regarding its automotive supplier division. Concurrently, the company has expressed interest in acquiring a 10-15% stake in the Romanian shipyard Mangalia.

German defense contractor Rheinmetall saw a strong increase in profit, but investors reacted negatively due to a slowdown in growth during the first quarter and plans for multi-billion euro acquisitions.

Rheinmetall CEO Armin Papperger confirmed the company's capability to supply Ukraine with 100,000 long-range 155mm artillery munitions in 2026.

Krig i Ukraine og forsvarskrav fra præsident Trump er en god forretning for Rheinmetall.

Rheinmetall's naval division has submitted a €12 billion offer to take over the manufacturing of six frigates for the German navy, aiming to rescue the troubled warship project.

German defense giant Rheinmetall and MSC are reportedly interested in acquiring the Mangalia Shipyard in Romania. They aim to develop it into a major naval construction hub.

Rheinmetall's shares saw an increase in value despite the company reporting first-quarter earnings that fell short of analyst expectations.

Romania is actively working to secure a 1 billion Euro deal with Rheinmetall in an effort to rescue the Mangalia shipyard from bankruptcy.

Romania is set to award German company Rheinmetall a nearly €2.6 billion contract to produce 232 KF-41 Lynx tracked armored fighting vehicles in Mediaș, though the full production will not be entirely carried out in Romania.

Hungarian group 4iG announced it is strengthening its strategic cooperation with Germany's Rheinmetall AG in the space and defense industries.

The German army has ordered modern infantry equipment worth 1.04 billion euros from Rheinmetall, as part of a massive rearmament effort following Russia's invasion of Ukraine.

German arms manufacturer Rheinmetall has secured a multi-billion euro order from the Bundeswehr for the production of kamikaze drones, following a preliminary agreement signed in Koblenz.

German defense industry company Rheinmetall announced it has commenced serial production of unmanned surface vessels at the port of Hamburg.

Germany's parliament has approved a significant contract with defense contractor Rheinmetall to supply loitering munitions, also known as kamikaze drones, to the Bundeswehr, indicating an acceleration in the country's defense capabilities.

Beyond well-known companies like Rheinmetall, there are four other defense stocks that could be of interest to investors.

German defense company Rheinmetall announced its expansion into cruise missile production for the first time, partnering with Dutch defense firm Destinus.

THEON Group and Rheinmetall have established a significant collaboration in the defense sector, aiming to strengthen the interoperable European defense industrial base through the development and supply of the Phylax system.

Rheinmetall and Boeing Australia have partnered to supply combat aircraft to the German military, bolstering Germany's defense capabilities.

Rheinmetall and Boeing Australia have partnered to supply combat aircraft to the German military, strengthening Germany's defense capabilities.

An article from The Kyiv Independent argues that Rheinmetall and Western partners are still struggling to fully comprehend Ukraine's ongoing defense technology revolution.

US Vice President JD Vance has stated his belief that aliens are actually demons and has pledged to dedicate himself to researching UFOs, describing it as a personal obsession.

Președintele consiliului de administrație al celui mai mare concern german din domeniul apărării, Rheinmetall, Armin Papperger, a declarat că stocurile de echipamente de apărare aeriană din SUA,…

Beyond well-known defense contractors like Rheinmetall, two smaller, less-scrutinized defense companies are identified as attractive investment opportunities, with one offering strong growth, particularly a drone manufacturer.

Despite strong financial results, defense contractor Rheinmetall faces market pressure for even greater performance, indicating high investor expectations.

Rheinmetall Expects Sales Surge as Europe Rearms, Anti-Drone Demand Grows  WSJ

Defense manufacturer Rheinmetall was able to increase its revenue and profit by around thirty percent last year.

German arms company Rheinmetall reported record sales for the past year and announced it would pay out over 500 million euros to shareholders, increasing its dividend from 8.10 euros per share.

German defense giant Rheinmetall has reduced its annual revenue forecast after the German government canceled the F126 frigate program in late June, a project that was expected to be taken over by a recently acquired military unit.

Rheinmetall CEO Armin Papperger stated he is 'very unhappy' after Germany withdrew a €10 billion naval contract, citing it was not a 'responsible use of budgetary funds,' a decision that led the defense company to cut its outlook.

Rheinmetall continues to experience surging sales, even after the cancellation of a naval frigate project.

Tank maker Rheinmetall expects a €300 million hit this year from a cancelled German warship program, despite overall revenue growth driven by booming defense spending.

German Ambassador Irene Plank stated that Rheinmetall factories are expected in Bulgaria, with some modifications to the deal, and upcoming changes in Germany's automotive sector will also impact Bulgarian companies.

A Romanian publication raises five uncomfortable questions concerning the presence of Rheinmetall defense factories in Bulgaria. The article notes that GERB leader Boiko Borisov personally met with Rheinmetall CEO Armin Papperger last October.

Investors are showing reservations towards traditional European defense companies, even as Germany's Rheinmetall expands its gunpowder plant in Bavaria, signaling renewed political support for arms production.

Rheinmetall has won a new order from the Bundeswehr for 56 more heavy transporters, expanding its existing contract with the German armed forces.

China has announced its decision to immediately add 14 EU companies and organizations, including Rheinmetall, to an export control list, citing national security and interests.

Bulgarian President Rumen Radev is scheduled to meet with the leadership of Rheinmetall, a German arms manufacturer, with the Vice Prime Minister also participating in the discussions.

Rheinmetall did not participate in the first tender for the takeover of the Mangalia Naval Shipyard, despite the German company being expected to modernize the platform as part of a 920 million euro project funded by the SAFE program for the construction of four ships.

The Bulgarian government under Rumen Radev is set to revise a €1 billion joint production agreement with Rheinmetall and VMZ, potentially delaying one of the country's largest planned industrial investments.

Romania's interim Defense Minister, Radu Miruță, suggests that German company Rheinmetall may be waiting for the price of the Mangalia Shipyard to drop before bidding on the tender.

Romanian ministers of Defense and Economy reacted after German company Rheinmetall did not participate in the tender for the Mangalia shipyard, impacting a 920 million euro deal for four patrol ships.

Swedish activist Greta Thunberg was detained by Berlin police during a protest outside the Rheinmetall company office, demonstrating solidarity with Gaza.

German arms manufacturer Rheinmetall is expanding its Vienna plant, which is already its largest worldwide, with a new major order, solidifying Vienna's position as a major European arms production hub.

Raytheon and Rheinmetall are anchoring an artificial intelligence training effort for the United Kingdom's Army.

Armin Papperger, CEO of German defense contractor Rheinmetall, stated that former German Chancellor Angela Merkel openly opposed supporting the domestic defense industry, believing Germany could rely on the United States in a crisis.

Croatian Prime Minister Andrej Plenković participated in the founding ceremony of Rheinmetall Unmanned Vehicles d.o.o. in Zagreb, where Rheinmetall AG and Croatian DOK-ING presented their new venture.

A NATO member country has ordered thousands of German-made artillery shells from Rheinmetall, which are intended for transfer to Ukraine.

Rheinmetall Air Defence in Oerlikon, Switzerland, is manufacturing the 'Skyranger,' one of the world's most modern air defense systems, offering a rare glimpse into its production facility.

An analysis reveals how the ongoing war has propelled arms manufacturers like Germany's Rheinmetall and Sweden's SAAB into stock market prominence, yielding significant returns for investors.

Ukraine has signed a contract with Rheinmetall for the supply of 155-mm artillery shells. This agreement will provide crucial ammunition to Ukraine's defense efforts.

The cancellation of the F126 frigate project has dealt a significant blow to Germany's largest defense contractor, Rheinmetall, but suppliers are expected to be even more severely affected.

GEK TERNA and German defense manufacturer Rheinmetall Landsysteme GmbH have signed a strategic partnership aimed at bolstering Greece's defense industrial base and developing new capabilities for its armed forces.

A U-turn on Berlin's warship policy has hit the German defence sector, causing a slump in Rheinmetall shares on the same day tankmaker KNDS initiated its long-awaited IPO.

Shares of Rheinmetall slid following Germany's decision to cancel a significant contract for warships.

Rheinmetall's stock experienced a significant drop following reports that Germany is expected to shelve a major warships contract.

Major German defense company Rheinmetall is reportedly considering establishing a production base in Japan, aiming to collaborate with Japanese industry on projects and open opportunities for defense exports from Japan.

The CEO of German arms manufacturer Rheinmetall has advocated for international regulations concerning the use of artificial intelligence in weapons systems. He specifically called for a ban on fully autonomous AI weapons.

German tankmaker Rheinmetall is partnering with US satellite imagery company Vantor to enhance Germany's intelligence capabilities. This collaboration aims to provide the country’s armed forces with 'sovereign control' over critical technology.

Florian Seibel, co-head of the defense company Quantum Systems, sees a new dynamic in the Ukraine war, discussing Russian blueprints from social media, provocative statements from Rheinmetall's CEO, and his company's new combat aircraft.

Romania is set to acquire 5.7 billion euros worth of weapons from Rheinmetall, Germany's largest arms manufacturer. This significant purchase aims to bolster Romania's military capabilities.

The Romanian Ministry of National Defense announced the signing of major SAFE program contracts worth nearly 6 billion euros with the German Rheinmetall group, including armored fighting vehicles, anti-aircraft guns and ammunition, and patrol vessels to be built at the Mangalia shipyard.

German defense contractor Rheinmetall is reportedly preparing its first public bond deal since 2010, signaling a move to raise capital in the financial markets.

The Head of the Prime Minister's Chancellery discussed the Rheinmetall contract, noting that bundling multiple products could lead to significant discounts. He also affirmed that the SAFE Program's implementation can proceed, even if the Constitutional Court rules the ordinance unconstitutional.

Rheinmetall and Deutsche Telekom have announced a partnership to develop a drone shield system for Germany.

Rheinmetall has lost its 'bull' rating from JPMorgan following a series of missed financial results, indicating a change in analyst sentiment towards the company.

Germany's largest defense contractor, Rheinmetall, achieved record revenues of €1.94 billion in the first quarter, an 8% increase from the previous year, with projections for full-year revenues to surpass €14 billion.

Rheinmetall, in a joint venture with Dutch start-up Destinus, is set to begin manufacturing "deep strike" cruise missiles as early as this year, aiming to fill European defense gaps.

A report indicates that Germany, driven by defense company Rheinmetall's massive increase in military production, has surpassed the United States to become the leading ammunition producer.

The US trade deficit increased to $60 billion, while German defense contractor Rheinmetall announced weaker-than-expected growth.

The Karlovo Municipal Council in Bulgaria has voted to hold a local referendum to decide whether to change the zoning plan for properties to allow the construction of a Rheinmetall production plant near the city.

Romania has approved billion-euro arms contracts, financed by an EU initiative, for extensive military modernization focusing on acquiring combat vehicles, tanks, and air defense systems from German giant Rheinmetall.

Romania's Ministry of Defense has outlined 16 military acquisition programs, totaling 8.33 billion euros in European funding, with a significant portion allocated to the German company Rheinmetall for production within Romania.

Just weeks after entering the marine sector, Rheinmetall is reportedly discussing significant personnel expansion, focusing on water drones and the F126 frigate, indicating a potential billion-dollar business.

A forum discussion is taking place within the STANDARD community regarding whether to invest in Rheinmetall shares.

German defense contractor Rheinmetall has signed a significant contract to become a supplier of attack drones for the Bundeswehr, despite previous criticisms of Ukrainian drones.

German defense contractor Rheinmetall has won a €300 million order for drones from the German armed forces, a deal that follows its CEO's critical remarks about Ukraine's drone industry.

German arms manufacturer Rheinmetall is collaborating with Ruta maker Destinus to produce missiles.

The THEON group and RHEINMETALL have announced a strategic agreement for defense collaboration, focusing on the development and supply of the Phylax system.

Citi has upgraded several European defense companies, though it sees limited upside potential for Rheinmetall.

Germany's Rheinmetall and Boeing Australia have partnered to supply combat aircraft, including fighter-bomber drones, to the German military, with the Bundeswehr aiming to acquire hundreds of these systems.

The CEO of Rheinmetall, Germany's largest arms manufacturer, has caused controversy by reportedly disparaging a key Ukrainian weapon as 'housewives' tinkering,' prompting the company's communications team to issue a conciliatory statement on X (formerly Twitter).

Rheinmetall, Germany's largest defense company, opened a new ammunition factory in Unterlüss, near Hanover, with attendees including the NATO Secretary General, two German ministers, and the President of Bulgaria.

German defense giant Rheinmetall is actively recruiting employees for its new ammunition factory under construction in Radviliškis district, Lithuania, with operations expected to commence in the second half of this year.

Armin Papperger, CEO of Germany's largest armament concern Rheinmetall, warned of a critical ammunition deficit in Europe, stating that stocks would be depleted quickly in real military actions.

Rheinmetall Expects Sales Surge as Europe Rearms, Anti-Drone Demand Grows  WSJ

Rheinmetall anticipates a significant increase in sales as European nations rearm and the demand for anti-drone technology rises, reflecting the current geopolitical climate.

Rheinmetall's outlook for 2026 has been released, with projections falling short of market estimates.