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Rheinmetall


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Rheinmetall Manufactures Ammunition For Switzerland, Order In EUR Mid Double-Digit Mln Range

BRIEF-Rheinmetall Manufactures Ammunition For Switzerland, Order In EUR Mid Double-Digit Mln Range July 26 (Reuters) - RHEINMETALL AG RHMG.DE : MANUFACTURES 81MM MORTAR AMMUNITION FOR SWISS ARMED FORCE THE TOTAL VALUE OF THE ORDER IS IN THE MID DOUBLE-DIGIT MILLION EURO RANGE DELIVERY BY 2025 Further company coverage: RHMG.DE (Gdansk Newsroom)
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Netherlands, Denmark ready to send 14 Leopard 2 tanks to Ukraine

Netherlands, Denmark ready to send 14 Leopard 2 tanks to Ukraine AMSTERDAM, July 25 (Reuters) - The Netherlands and Denmark are ready to deliver 14 refurbished Leopard 2 tanks to Ukraine, the Dutch defence ministry said on Thursday. Both countries in April last year said they would buy the tanks from a third party and get them ready for battle in Ukraine.
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Political storms won't curb military spending boom, defence firms say

Political storms won't curb military spending boom, defence firms say China, Russia threats to support defence spending, execs say Trump election win wouldn't concern industry, analysts UK's new Labour government positive for weapons makers French legislature gridlock worries industry By Joe Brock and Joanna Plucinska FARNBOROUGH, England, July 24 (Reuters) - Defence firms are confident Western governments will continue to increase spending on weapons to counter Russia and China, brushing off co
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Rheinmetall's profit doubles as defence spending surges

UPDATE 2-Rheinmetall's profit doubles as defence spending surges Confirms 2024 sales, earnings forecast Receives order for ammunition factory in Ukraine Shares up 2.4% after results Adds more details, background throughout By Miranda Murray BERLIN, July 24 (Reuters) - German arms manufacturer Rheinmetall RHMG.DE more than doubled operating profit in the second quarter, driven by a surge in defence spending as a result of Russia's invasion of Ukraine.
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Rheinmetall to construct ammunition factory in Ukraine

Rheinmetall to construct ammunition factory in Ukraine July 24 (Reuters) - German defence company Rheinmetall RHMG.DE received an order by the Ukrainian government for the construction of an ammunition factory in Ukraine, the company said on Wednesday. The order is valued in a low three-digit million euro range and will be booked as incoming order at the start of the third-quarter.
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Rheinmetall confirms 2024 guidance as Q2 sales beat expectations

Rheinmetall confirms 2024 guidance as Q2 sales beat expectations BERLIN, July 24 (Reuters) - German defence group Rheinmetall confirmed its full-year guidance on Wednesday after its second-quarter sales and operating result beat market expectations due to thanks to its weapons and munitions division and its Expal Munitions unit. Sales were up 49% on the year, at 2.234 billion euros ($2.42 billion), above market expectations of 2.06 billion, said the company, while operating earnings came in at 2
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Rheinmetall Receives Order For Ammunition Factory In Ukraine

BRIEF-Rheinmetall Receives Order For Ammunition Factory In Ukraine July 24 (Reuters) - RHEINMETALL AG RHMG.DE : AMMUNITION FACTORY TO BE BUILT IN UKRAINE: RHEINMETALL RECEIVES ORDER TO DELIVER A PRODUCTION LINE THIS INVOLVES A TOTAL VALUE RANGED IN A LOW THREE-DIGIT MILLION EURO RANGE, WHICH WILL BE BOOKED AS INCOMING ORDER AT THE START OF THE THIR
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Germany working on defence modernisation strategy

Germany working on defence modernisation strategy BERLIN, July 21 (Reuters) - The German government is drawing up a paper aimed at revamping the country's defence industry, a spokesperson for the Economy Ministry said on Sunday, without providing additional details. "I can confirm that the government is working on the strategy paper for the modernisation of the defence and security industry.
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Rheinmetall Secures Two Orders, Value Around EUR 20 Mln

BRIEF-Rheinmetall Secures Two Orders, Value Around EUR 20 Mln July 19 (Reuters) - RHEINMETALL AG RHMG.DE : SECURES TWO ORDERS FOR EXHAUST TECHNOLOGY IN FIELD OF HYBRID TECHNOLOGY WITH A TOTAL VALUE OF AROUND EUR 20 MILLION PRODUCTION TO START AT TURN OF YEAR 2025/2026 Further company coverage: RHMG.DE (Gdansk Newsroom)
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Italy - Factors to watch on July 19

Italy - Factors to watch on July 19 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Prime Minister Giorgia Meloni's Brothers of Italy party voted against a second term for Ursula von der Leyen as president of the European Commission, a member of the group in the EU parliament said on Thursd
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Attica Bank, Kuvimba Mining House, Leonardo, Asterion; updates Meta Platforms July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1 930 GMT on Thursday: * * Attica Bank BOAr.AT , Greece's fifth largest lender, announced that it had finalised a deal to merge with the smaller Pancretan Bank in an effort to clean up its balance sheet and create a new banking organisation.
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Leonardo to sign joint venture with Rheinmetall by September, CEO says

Leonardo to sign joint venture with Rheinmetall by September, CEO says MILAN, July 18 (Reuters) - Italian defence group Leonardo LDOF.MI expects to finalise a joint venture with Germany's Rheinmetall RHMG.DE by September, while a contract with Italy's Defence Ministry could be sealed by the end of the year, CEO Roberto Cingolani said on Thursday. "Once the joint venture has started, we'll be ready to fulfill the first requests by the Italian armed forces," a company spokesperson cited Cingolani
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Rheinmetall: Bundeswehr Orders 70Mm-Practice Rockets For Combat Helicopters

BRIEF-Rheinmetall: Bundeswehr Orders 70Mm-Practice Rockets For Combat Helicopters July 17 (Reuters) - Rheinmetall AG RHMG.DE : BUNDESWEHR ORDERS 70MM-PRACTICE ROCKETS FOR COMBAT HELICOPTERS - ENVISAGED ORDER VALUE OVER EUR 100M FIRST ORDER WORTH A MID-DOUBLE-DIGIT MILLION EURO AMOUNT WAS BOOKED IN Q2 OF 2024 FRAMEWORK-CONTRACT OVER UNGUIDED 70MM PR
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Germany says it won't be cowed by Russia after reported plot to kill Rheinmetall CEO

UPDATE 5-Germany says it won't be cowed by Russia after reported plot to kill Rheinmetall CEO Adds industry executive on no threat to U.S.-based CEOs in paragraphs 9-10 By Matthias Inverardi, Matthias Williams and Steve Holland DUESSELDORF/WASHINGTON, July 12 (Reuters) - Berlin is taking reports of a plot to assassinate the chief executive of arms manufacturer Rheinmetall RHMG.DE very seriously and will not be cowed by Russian intimidation, the German government said on Friday.
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Germany says it won't be cowed by Russia after reported plot to kill Rheinmetall CEO

Germany says it won't be cowed by Russia after reported plot to kill Rheinmetall CEO By Matthias Inverardi and Matthias Williams DUESSELDORF, July 12 (Reuters) - Berlin is taking reports of a plot to assassinate the chief executive of arms manufacturer Rheinmetall RHMG.DE very seriously and will not be cowed by Russian intimidation, the German government said on Friday.
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German interior ministry warns of Russian threat, declines comment on reported plot

German interior ministry warns of Russian threat, declines comment on reported plot BERLIN, July 12 (Reuters) - The German interior ministry cannot comment on details of individual threats coming from Russia, a ministry spokesperson said on Friday in response to a reported Russian plot to kill the CEO of arms manufacturer Rheinmetall. "We take the significantly increased threat of Russian aggression very seriously," the spokesperson said, adding that protective measures had been significantly in
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Kremlin rejects 'fake' reports Russia planned to kill head of German arms firm

Kremlin rejects 'fake' reports Russia planned to kill head of German arms firm MOSCOW, July 12 (Reuters) - Media reports that Russia planned to assassinate the chief executive of German arms manufacturer Rheinmetall RHMG.DE are based on "fake" information from anonymous sources, the Kremlin said on Friday. CNN and the New York Times on Thursday reported that U.S.
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Hensoldt reviews safety measures after reported plot to kill Rheinmetall CEO

Hensoldt reviews safety measures after reported plot to kill Rheinmetall CEO MUNICH, July 12 (Reuters) - German defense group Hensoldt HAGG.DE is reassessing safety measures following reports that Russia was planning to assassinate the CEO of peer Rheinmetall RHMG , the company said on Friday. "For us, this is an opportunity to review our already high safety standards once again," said a spokesperson for Hensoldt, which produces radar technology for the IRIS-T air defense system used in Ukraine.
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Germany's Scholz defends Joe Biden after slip of tongue

Germany's Scholz defends Joe Biden after slip of tongue WASHINGTON, July 12 (Reuters) - German Chancellor Olaf Scholz defended U.S. President Joe Biden on Thursday after he mistakenly referred to Ukrainian President Volodymyr Zelenskiy as "President Putin" before correcting himself at the NATO summit in Washington. "Slips of tongue happen, and if you always monitor everyone, you will find enough of them," Scholz said when asked about the incident by reporters.
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Rheinmetall CEO expects order backlog of 60-70 bln euros at end-2024

Rheinmetall CEO expects order backlog of 60-70 bln euros at end-2024 FRANKFURT, July 11 (Reuters) - German arms maker Rheinmetall RHMG.DE expects its order backlog to grow to 60 billion to 70 billion euros ($65-$76 billion) by the end of the year, its Chief Executive Armin Papperger told Frankfurter Allgemeine Zeitung in an interview. Papperger, wh
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