Latest News for RNMBF

Rheinmetall is positioned as a dominant European defense supplier, benefiting from long-term rearmament trends and robust contract backlogs. RNMBF's current revenue and profit lag reflect heavy capital investment in new factories, with significant capacity coming online by 2026–2027. Despite a recent 50% share price correction, RNMBF's €73B backlog and scaling plans support a Strong Buy rating, with potential to…

Rheinmetall and partner MBDA have signed a contract worth a mid three-digit million-euro amount with Germany's military equipment agency to develop a laser weapon system for the navy, the German defence company said in a statement on Thursday.

Rheinmetall has halted plans to add 1,000 jobs to its naval shipbuilding division after Germany scrapped the F126 frigate programme last month, a spokesperson for the German defence company said on Tuesday.

U.S. defence company Lockheed Martin and Germany's Rheinmetall signed a memorandum of understanding on Tuesday to jointly produce ATACMS missiles in Germany, a move that would mark the first manufacture of the short-range ballistic missile outside the United States.

ANKARA, Türkiye, July 7, 2026 /PRNewswire/ -- During the NATO Summit Defense Industry Forum, Lockheed Martin (NYSE: LMT) and Rheinmetall announced the signing of a memorandum of understanding (MOU) that addresses the immediate demand for locally produced munitions in Europe. With the support of the United States and German governments, the agreement marks the next step toward establishing a joint venture to create…
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