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Operating globally, Rheinmetall AG (RNMBY) specializes in delivering cutting-edge technologies across the mobility and security domains. The company's comprehensive operations are structured into five key divisions: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems division supplies a comprehensive range of land platforms, encompassing combat, support, logistics, and specialized vehicles. This includes robust armored tracked vehicles, advanced CBRN defense solutions, sophisticated turret systems, and various…
Defence company Rheinmetall will test drones, expand tank production and build a new logistics centre in the central German city of Kassel, investing about €270 million ($314.31 million) in the projects, Chief Executive Armin Papperger said on Thursday.
Rheinmetall remains a Strong Buy, with Q2 results validating robust demand and execution despite prior delivery timing concerns. Q2 sales surged 69% year-over-year, operating margin expanded to 17.1%, and backlog reached €80.5 billion, offering exceptional revenue visibility. F126 frigate program cancellation reduced 2026 revenue guidance by €300 million, but group margin targets and growth trajectory remain intact.
Rheinmetall expects to generate initial revenue from joint production of ATACMS missiles with Lockheed Martin in Germany in 2028, CEO Armin Papperger told Reuters, with demand likely to remain strong for at least 15 years.
Rheinmetall ETR: RHM reported sharply higher second-quarter sales and operating profit as demand for military vehicles, ammunition and air-defense systems accelerated, while the company lowered its 2026 revenue outlook following the loss of Germany's F126 frigate program.
Rheinmetall trimmed its 2026 guidance by 300 million euros, reflecting a cancelled order from the German government earlier this year. It came as the arms maker saw sales grow 39% and profits rise 74% in the first half of the year.