Rheinmetall ADR Stock News

German defence group Rheinmetall said on Sunday it had reached an agreement with the Luerssen Group to acquire the shipyard's military division, Naval Vessels Luerssen, in a move aimed at expanding into naval shipbuilding.

German arms giant Rheinmetall plans to manufacture artillery shells for Ukrainian forces at a future production plant in Ukraine, Kyiv's defence minister said on Thursday.

Rheinmetall is strategically positioned to benefit from Europe's urgent need to replenish ammunition and ground vehicles, driven by the ReArm Europe plan. The company's expansion of production capacity and partnerships, notably with Anduril Industries, enhances its competitive edge in scalable, cost-effective weapons. Recent financial results disappointed, but I view the stock's pullback as a b...

Romania has signed a framework agreement with German technology and defence specialist Rheinmetall to build a munitions ignition powder factory for 535 million euros ($626.3 million), the country's industry ministry said on Wednesday.

Defence group Rheinmetall wants to take over German shipbuilder Naval Vessels Luerssen, the German daily Bild reported on Wednesday, citing industry sources.

Rheinmetall's new ammunition plant in northern Germany will be the largest in Europe at full capacity, said CEO Armin Papperger at its opening on Wednesday, and similar factories could be built at a comparable pace in other NATO countries.

U.S. defence contractor Lockheed Martin is seeking to have German peer Rheinmetall manufacture missiles including ATACMS and Hellfire types in Germany, magazine WirtschaftsWoche cited Lockheed's head of Europe as saying.

European defence giant Rheinmetall plans to produce gunpowder and 155-mm artillery shells in Bulgaria under two joint venture agreements with a shared investment of more than 1 billion euros ($1.17 billion), the German firm said on Tuesday.