German arms giant reports booming sales and profits

Nov 6th 2025 3:13pm EST

Rheinmetall posted a 20% year-on-year jump in revenue, driven by exports to Ukraine and soaring EU defense spending German arms giant Rheinmetall has reported a surge in operating profit for the first nine months of 2025 and a record backlog of orders, citing the Ukraine conflict and growing EU defense budgets. Company shares have nearly […]

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