Rheinmetall ADR Stock News

The company said it expected sales of roughly $14.82 billion in 2026, below a prior guidance range of between $15.39 billion and $15.95 billion euros.

Rheinmetall cut its full-year guidance late Wednesday, citing delays to military contracts and ammunition deliveries. It marks the company's second outlook cut since August.

Rheinmetall cut its 2026 ​sales and margin ‌forecasts on Wednesda

Italy's Leonardo and Germany's Rheinmetall have secured through their joint ​venture two contracts with the Italian army ‌worth €3.7 billion ($4.16 billion) in total for armoured vehicles, the MF newspaper reported on Thursday.

German defence group Rheinmetall and Swiss-based shipping company ​MSC have acquired Romanian shipyard ‌Mangalia for €138 million ($155 million) and aim to develop it for both ​civilian and military shipbuilding, ​Rheinmetall said on Monday.

Proposed changes to Norway's sovereign wealth fund ethics rules could open the door to investments in more Western defense companies. The fund is currently barred from investing in companies including Lockheed Martin and Boeing because of their involvement in nuclear weapons production.

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.