Overview

• Rheinmetall forecasts doubling its revenue to €20 billion by 2027, with a notable increase in profitability.
• The company's stock price surpassed €600 for the first time, marking an all-time high, due to strong financial projections.
• Rheinmetall's growth is fueled by heightened defense spending across the EU and NATO, influenced by the ongoing conflict in Ukraine.
• A joint venture with Italian defense firm Leonardo and entry into the U.S. market are expected to significantly expand Rheinmetall's market potential.
• The company's backlog, including expected orders and contracts, is projected to exceed €60 billion by the end of the year.