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Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts

Rheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries.

First reported by CNBC 1 source
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  1. CNBC

    Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts (opens CNBC in a new tab)

    Rheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries.

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