XTRA:RHMAerospace & Defense
Rheinmetall Leans Into Pure Defense As Backlog Outlook Expands
Rheinmetall plans to become a pure-play defense group by exiting its civilian automotive operations and acquiring Naval Vessels Luerssen.
The company is guiding for its order backlog to more than double to €135b by 2026, supported by higher European and NATO defense demand.
This move marks a major shift in Rheinmetall’s business mix toward both land and maritime defense systems.
XTRA:RHM is now positioned at the center of Europe’s defense build up, with a current share price of €1,592.5 and...