Lithuania signed a memorandum of understanding with Germany’s Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) to establish domestic production of artillery propellants, the defense manufacturer said Tuesday.

In any future conflict with Russia, NATO will face an acute artillery shortage—as demonstrated in Ukraine, where Western production has been insufficient to meet Kyiv’s battlefield needs. European ...

The Lithuanian MND has signed an MOU with KNDS Deutschland, Rheinmetall Landsysteme, and EPSO-G to assemble and support Leopard 2A8 MBTs, for delivery by the end of 2030. (KNDS) The Lithuanian ...

Rheinmetall on Tuesday told investors to expect sales to grow fivefold over the next five years. The company forecast sales of about 50 billion euros ($58 billion) by 2030, up from about 10 billion ...

Rheinmetall has launched construction on a large-scale ammunition factory in Baisogala, Lithuania, set to produce tens of thousands of 155mm artillery shells. The €300 million project, spanning 340 ...

Lithuania has appropriated roughly €700 million for 44 advanced Leopard 2A8 tanks—but rather than buying them from Germany outright, it has arranged to build them in its own factories.

Rheinmetall shares seemingly fell because the company announced that it would have operational revenues of €15 billion to €16 billion in 2026, but its reported revenues would be around 12% lower.

Order backlog grows to 64 billion euros Army programmes to provide fourth-quarter boost, says CEO News promised at Capital Markets Day later this month BERLIN, Nov 6 (Reuters) - German arms ...

German firm guides for 2030 sales of 50 billion euros New organisation adds naval, air defence segments Rheinmetall biggest DAX gainer after news BERLIN, Nov 18 (Reuters) - Rheinmetall (RHMG.DE), ...