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Rheinmetall Cuts Sales Outlook After German Warship Project Scrapped

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.

6 Aug, 07:20 — 6 Aug, 07:20
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FTVery High5d ago

Rheinmetall cuts sales outlook after Germany scraps warship project

Tank maker expects €300mn hit this year from cancelled programme but revenues have still grown as defence spending booms

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