Tag: Rheinmetall

German MPs Approve €540M Drone Buy

HX-2 AI Strike Drone | Image: Helsing

Germany’s parliament has approved €540 million to buy kamikaze drones for the army, with more funding possible. The systems, shaped by lessons from Ukraine, will first equip Germany’s Lithuania Brigade.

Rheinmetall, MBDA plan naval laser JV

MBDA and Rheinmetall's naval laser demonstrator | Photo: Rheinmetall

Rheinmetall and MBDA Germany plan to set up a joint venture in early 2026 to develop naval laser weapon systems. The move follows joint trials of a laser demonstrator tested at sea and is aimed at providing drone defence capabilities for the German Navy.

Dutch Defence Ministry Orders Rheinmetall Skyranger 30

Skyranger 30 Air Defence System | Photo: Rheinmetall

Rheinmetall has won a high three-digit million-euro contract to supply Skyranger 30 short-range air-defence systems to the Dutch Defence Ministry. Deliveries of the mobile and dismounted systems are scheduled to begin in 2028 and conclude by 2029. The order also includes command-and-control nodes, transport platforms, simulators and logistics support for integration into the Netherlands’ existing air-defence architecture.

SIPRI: Wars Push Global Arms Sales to All-Time High

European companies, Leonardo (No. 10 on the SIPRI 2024 list) and KNDS ( No. 42 on the SIPRI 2024 list), have joined hands to offer the CAESAR Self-Propelled Howitzer, to the military of the top arms selling country in the world, the United States | Photo: Leonardo DRS/KNDS

Global defence revenues surged to a record $679 billion in 2024, driven by the wars in Ukraine and Gaza and rising geopolitical tensions, according to new SIPRI data. The world’s 100 biggest arms makers saw sales grow 5.9 percent, with strong increases in Europe and steady dominance by U.S. firms. SpaceX entered the Top 100 for the first time, while China posted a rare decline due to procurement disruptions.

Rheinmetall Targets €50 Billion in Sales by 2030

(L-R) Boris Pistorius, Germany's Defence Minister, Armin Papperger, CEO of Rheinmetall AG, and Sébastien Lecornu, France's Defence Minister, stand in front of a Czech Leopard 2 A4 main battle tank during a visit to the Rheinmetall plant, amid the Franco-German MGCS tank project | File Photo: Michael Matthey/dpa

Rheinmetall aims to expand its annual turnover to around €50 billion by 2030, CEO Armin Papperger told analysts during the company’s Capital Markets Day in Unterlüss, with the German defence contractor experiencing a sharp rise in revenue since the war in Ukraine, driven by growing orders for artillery, ammunition, air defence systems and tanks.

Rheinmetall, ICEYE form joint venture for SAR satellites

A military truck from the HX series is seen at the Rheinmetall MAN Military Vehicles plant in Vienna on 22 October 22, 2025 | File Photo: Soeren Stache/dpa

German defence company Rheinmetall and Finnish satellite maker ICEYE have established a joint venture to manufacture synthetic aperture radar (SAR) satellites, Rheinmetall said on Friday. Rheinmetall holds a 60 percent stake in the project, while ICEYE holds 40 percent of shares.

Leonardo–Rheinmetall To Supply Combat Vehicles to Italian Army

Armin Papperger, CEO of Rheinmetall AG, and Roberto Cingolani, CEO and General Manager of Leonardo | Photo: Leonardo

The Leonardo Rheinmetall Military Vehicles joint venture has received its first contract to supply 21 A2CS Combat vehicles to the Italian Army, marking a major step in Italy–Germany defence cooperation and European industrial integration. The supply is part of the Italian Army’s A2CS – Army Armoured Combat System program, which plans for a total acquisition of 1,050 armoured combat vehicles to replace its current heavy vehicle fleet.

Report: Germany plans large Skyranger air defence order

A Boxer Skyranger 30 air defence system manufactured by the German defence company Rheinmetall is displayed on the grounds of Berlin Brandenburg Airport (BER) during the International Aerospace Exhibition (ILA) on June 06 , 2024, at Brandenburg, Schoenefeld | File Photo: Sebastian Gollnow/dpa

Germany plans to order over 600 Skyranger air defence systems from Rheinmetall in a deal worth more than €9 billion to strengthen its drone defence. The mobile system, now in testing, can be mounted on Boxer and Leopard 1 vehicles and is designed to counter modern aerial threats, including drone swarms.

Germany clears way to reintroduce military service

(L-R) Inspector General Carsten Breuer, U.S. Lieutenant General Alexus Grynkewich, Chancellor Friedrich Merz, and Defence Minister Boris Pistorius talk at the start of the 14th cabinet meeting of the 21st legislative period at the Bendlerblock in the German Defence Ministry | Photo: Britta Pedersen/dpa

The German cabinet approved a bill for setting up a National Security Council and introducing voluntary military service, which could turn into conscription in the absence of sufficient volunteers, of which an initial 15,000 are required with a target of 80,000, whom the government plans to entice with high salaries.

Rheinmetall gets German order for 1300+ military trucks

Photo: Rheinmetall

The new order is for 963 vehicles with swap-body systems, some with protected driver cabins, as well as swap-body flatbeds and tarpaulin-arch superstructures, as well as 425 Unprotected Transport Vehicles (UTV) available in 4×4 and 8×8 versions that are derived from Rheinmetall’s HX vehicle family.

German arms firms see orders spike as wars rage

The Rheinmetall AG logo in front of the company's headquarters | File Photo: Thomas Banneyer/dpa

The Ukraine war and expanding global conflict showered a windfall on German arms companies like Rheinmetall and TKMS, with some startups like Helsing becoming the upstarts of the weapons industry, and other legacy companies like Heckler & Koch even experiencing a dramatic reversal of fortunes.