Business3 sources
Rheinmetall Shares Drop 17% Due to Delayed Military Contracts
- Rheinmetall cut its 2026 outlook for the second time in three months.
- The company cited delays in German military projects and artillery ammunition deliveries.
- The Boxer armored vehicle program's delay pushed orders into next year.
- Shares of Rheinmetall plunged 17% following the announcement.
- The Boxer order delay is a fresh setback for the German defense group.
Articles (4)
Financial Times·
Rheinmetall shares fall 17% as it cuts sales forecast after deal delay
CNBC·
Rheinmetall shares plunge 17% after outlook cut as military contracts stall
Bloomberg·
Rheinmetall Cuts 2026 Sales Guidance, Shares Plunge
Rheinmetall cuts sales forecast after delays to armoured vehicle megadeal