10 Articles
10 Articles
Armin Papperger, chairman of the board of directors of Rheinmetall, Germany’s largest arms manufacturer, says that air defense stocks in the United States, Europe and the Middle East are “virtually exhausted.” In an interview with CNBC, he said that demand for missiles and air defense systems is currently “huge” and coming from all regions of the world. “I think that the Europeans, the Americans and the Middle Eastern countries have empty or alm…
The President of the Administrative Council of the largest German defence area, Rheinmetall, Armin Paperger, said that the stocks of U.S. Air defence equipment, Europe and the countries of the Middle East are "professionally exposed".
Armin Papperger, head of German arms giant Rheinmetall, said global stockpiles of anti-aircraft weapons are "exhausted" due to the US and Israel's war with Iran.
The Middle East war is starting to seriously strain global defense capabilities, with stockpiles of interceptor missiles nearly exhausted, the head of German giant Rheinmetall has warned. If the conflict continues, the world could soon face a critical shortage of the munitions essential for air defense.
Armin Papperger, head of the German concern Rheinmetall, warned that stocks of missiles and air defense systems in Europe, the United States and the Middle East are already empty or close to exhaustion.
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