XTRA:RHMAerospace & Defense
Rheinmetall Ramps Up European Defense Production As Valuation Draws Interest
European defense production is ramping up sharply as geopolitical tensions rise, including new tariff frictions between the US and Europe tied to Greenland.
European governments are committing to higher defense spending, drawing fresh investor attention to defense names such as Rheinmetall (XTRA:RHM).
Rheinmetall is expanding ammunition production capacity, with output levels that can exceed some US peers, signaling a major build out in European firepower.
Rheinmetall (XTRA:RHM) sits at the...