Rheinmetall building XM30 prototypes at recently acquired U.S.-based factories

Rheinmetall building XM30 prototypes at recently acquired U.S.-based factories

American Rheinmetall is putting together mock-ups of its bid for the Army's Bradley Fighting Vehicle replacement at U.S. factories it bought last fall, the parent company's CEO announced today. “The prototype production is running, so I have seen the first prototype,” Armin Papperger, CEO of Rheinmetall AG, told analysts in a first-quarter earnings call May 8. Rheinmetall bought out Loc Performance Products, LLC last November for $950 million, t…

The war group Rheinmetall presented its quarterly figures on Thursday. According to this, the business is booming to a record level with its death. An alliance is mobilising against the conversion of civilian production to armaments.

The quarterly figures of Rheinmetall mark a new record! The share reacts positively and is facing a next breakthrough.

Wars are waged on land, in water and in the air. Rheinmetall offers products in all areas. And space? Data from space is becoming increasingly important – the weapons company knows that too.

Rheinmetall reports significant growth in Q1 2025, driven by defence business

The group’s operating result grew significantly by 49% from €134 million to €199 million. The defence segment’s operating profit almost doubled, rising from €105 million to €206 million, while the operating result margin climbed to 8.7%. Orders for Rheinmetall have surged, with the company’s order nomination rising by 181% to €11 billion. Additionally, the order backlog increased markedly to €63 billion, reflecting the strong demand for Rheinmet…