Overview
- CEO Armin Papperger told analysts in Unterlüß that the company is confident it can reach the sales goal on the current order trajectory.
- Planned output increases include 120 mm tank rounds to 240,000 by 2027, 155 mm artillery rounds to 1.1 million by 2027 and 1.5 million by 2030, and medium‑calibre rounds to 4 million by 2030.
- Rheinmetall expects to sell its auto and other civilian operations in the first or second quarter of next year, positioning it as a pure defense group by mid‑2026.
- Orders have climbed for artillery, air defense and tanks, with supplies going directly to Ukraine as NATO members replenish and modernize their stocks.
- Revenue has grown from roughly €5.7 billion in 2021 to €9.8 billion in 2024, and management says the shift will deliver stronger profitability.