Latest News for RNMBY

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 (RNMBY), a major German defense contractor, faced fresh public pressure on Monday after around 40 demonstrators glued themselves to the ground outsi

LMT's $3.45B Ultra Maritime deal highlights a broader naval defense consolidation wave, making defense ETFs a diversified way to gain sector exposure.

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.
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