Rheinmetall is considering acquiring one of Volkswagen's soon-to-be idle plants, part of a broader rearmament in Europe.
German defense contractor Rheinmetall’s stock price has skyrocketed more than 1,000% since Russia invaded Ukraine in 2022. As ...
Rheinmetall, Germany’s largest defense contractor, is looking to take over idle Volkswagen plants to expand its production capacity as Europe ramps up military spending. The company has tripled in ...
Volkswagen's factory in Osnabrueck would be a good fit for a conversion to military production, the CEO of Rheinmetall said ...
Germany’s economic agenda is shifting from cars to defense as the United States retreats and Russia threatens.
Volkswagen's plant in the German city of Osnabrueck would be a good fit for conversion to military production, the chief ...
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.
T HE GERMAN state of North Rhine-Westphalia has long provided bodyguards to Armin Papperger. But since American and German spooks foiled a Russian plot to kill him last year, the boss of Rheinmetall, ...
Papperger cautioned that while there was no concept for Rheinmetall to move onto Volkswagen’s turf, things could still move quickly. “One thing is clear: before I’ll build a new tank factory ...
Additionally, the backlog increased 44% to €55 billion a new record high ... In addition to manufacturing missiles and bombs, Rheinmetall also makes tanks, air-defense systems, and autonomous ...
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