Live Watch: Fed Chair Powell speaks at the Economic Club of Chicago OTC Markets OTCPK - Delayed Quote • USD Rheinmetall AG (RNMBF) Follow Compare 1,679.99 -9.01 (-0.53%) As of 1:51:41 PM EDT. Market Open. All News Press Releases SEC Filings Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt Rheinmetall could boost its order book to up to 300 billion euros ($341 billion) by the end of the decade, its CEO said, boosted by Europe's efforts to ramp up defence spending and create credible deterrence against Russia. Armin Papperger also told German business daily Handelsblatt that he was in touch with Volkswagen over its Osnabrueck plant, which could be repurposed to make defence equipment, but cautioned an agreement should not be expected soon. ($1 = 0.8789 euros) Is Rheinmetall AG's (ETR:RHM) Latest Stock Performance A Reflection Of Its Financial Health? Most readers would already be aware that Rheinmetall's (ETR:RHM) stock increased significantly by 120% over the past... The most bought stocks and funds for investors in March March was another month marked by volatility, as US president Donald Trump pressed ahead with his tariff agenda. 'I find it impossible to catch my bearings': Yahoo Finance community reacts to Trump tariff stock market plunge The markets are undergoing one of the worst stretches in recent memory as Trump tariff fears take hold. Here is what is top of mind with the Yahoo Finance community. High-Flying Defense Stocks Sink as Tariffs Upend Supply Chains (Bloomberg) -- Europe’s defense and aerospace stocks plunged on fears that US tariffs could upset the industry’s supply chains, and as investors booked profits on some of the region’s best-performing shares of 2025.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsWhat Would ‘Transport Moody's upgrades Rheinmetall to Baa1 with stable outlook Investing.com -- Moody's Ratings has upgraded Rheinmetall AG's (ETR:RHMG) long-term issuer rating to Baa1 from Baa2, while affirming its P-2 short-term ratings with a stable outlook. This upgrade reflects the German defense contractor's robust operating performance since April 2022, demonstrated by nearly doubled revenue and a record €55 billion order backlog. Weekly Picks: 💊 Novo Nordisk’s breakout, Nike’s reinvention, and Rheinmetall's opportunity This week’s picks cover: Why Novo Nordisk will continue to dominate, how Nike's new DTC focus will restart growth, and why Rheinmetall is well positioned for Europe's remilitarization. Germany's Largest Defense Contractor—Which Has Tripled In Value Since Trump's Election—Wants To Convert Idle VW Plants Into Tank Factories Rheinmetall, Germany’s largest defense contractor, is looking to take over idle Volkswagen plants to expand its production capacity as Europe ramps up military spending. The company has tripled in value since Donald Trump won the U.S. presidency in November, driven by expectations of increased defense budgets among NATO members. Rheinmetall CEO Armin Papperger confirmed the company's interest in Volkswagen's Osnabrück plant, calling it “very suitable” for defense production. “Before I’ll build a Rheinmetall’s stock has soared over 1,000%, and the German defense giant sees growth ‘that we have never experienced before’ “An era of rearmament has begun in Europe that will demand a lot from all of us,” CEO Armin Papperger said. Thyssenkrupp ploughs ahead with spin-off of warship division Thyssenkrupp is moving ahead with a planned spin-off of a minority stake in its warship division, the group said on Friday, adding the newly created holding would be listed on the Frankfurt stock exchange. The company also said that talks with the German government about potential participation in its marine division, Thyssenkrupp Marine Systems (TKMS), were ongoing. The comments came in response to a report in Handelsblatt, which cited people familiar with the matter as saying that Thyssenkrupp had cancelled a sale of TKMS to Rheinmetall, Europe's biggest ammunition maker. A New Hope for Europe’s Ailing Economies: the Military Economists say the region’s planned defense buildup might be exactly what its economy needs, despite some sizable hurdles. Rheinmetall Full Year 2024 Earnings: Misses Expectations Rheinmetall ( ETR:RHM ) Full Year 2024 Results Key Financial Results Revenue: €9.98b (up 39% from FY 2023). Net income... Europe’s Idling Factories Eye New Start in the Military Industrial production in the eurozone recovered at the start of a year that could herald a new dawn for its beleaguered manufacturing sector. Rheinmetall overtakes Volkswagen's market value as defence rally continues FRANKFURT (Reuters) -Rheinmetall, Europe's biggest ammunition maker, has overtaken the continent's top carmaker Volkswagen in terms of market value, in the latest sign of soaring investor demand for defence stocks. Defence stocks across Europe have sky-rocketed in recent weeks, driven by the continent's efforts to ramp up military spending in response to U.S. pressure and policy shifts. Rheinmetall AG (RNMBF) Full Year 2024 Earnings Call Highlights: Record Growth and Strategic ... Rheinmetall AG (RNMBF) reports a robust 50% sales growth, driven by defense sector success, while navigating challenges in civilian markets and delivery delays. Rheinmetall Signals Booming Sales As Europe Enters ‘Era Of Rearmament’ While 2024 sales grew 35%, boosted by increased demand, there was a dip in sales at its power systems and trade divisions at the start of of the year. VW's Osnabrueck plant would be 'very suitable' for defence production, Rheinmetall CEO says Volkswagen's factory in Osnabrueck would be a good fit for a conversion to military production, the CEO of Rheinmetall said on Wednesday, as the German carmaker considers ways to repurpose the site that could include a sale. Armin Papperger, speaking to journalists after forecasting strong sales growth for 2025, said that while Rheinmetall could repurpose more of its own automotive plants, buying sites from carmakers under the right conditions was also possible. "Then you can also consider whether a plant like Osnabrueck, which I think would be very suitable, (...) whether you could get involved," Papperger said. Trending tickers: US Steel, Super Micro, Intel, Inditex and Porsche The latest investor updates on stocks that are trending on Wednesday. Rheinmetall expects robust 2025 sales amid Europe's defence push Rheinmetall, a major beneficiary of Europe's big push to invest in defence, said on Wednesday it expects significant sales growth in 2025 and that it would update its outlook to take into account recent developments in the war in Ukraine. Shares jumped 6.2% in midday trading, making Rheinmetall was the top gainer in percentage terms on Germany's benchmark DAX index. Europe's top ammunition maker is betting on a surge in spending by European leaders who back Ukraine in its conflict with Russia, amid ructions in U.S. policy towards the region following President Donald Trump's inauguration. This Year’s Hot Hedge-Fund Trade: Staid European Defense Stocks The buzziest new trade in markets right now has nothing to do with artificial intelligence or cryptocurrencies. Instead, it is European defense—a long overlooked industry. Stocks including Germany’s Rheinmetall and France’s Thales have gained over 70% this year, far ahead of any company in the S&P 500. Performance Overview Trailing total returns as of 4/16/2025, which may include dividends or other distributions. Benchmark is DAX P (^GDAXI) Return RNMBF DAX P (^GDAXI) YTD +160.46% +7.04% 1-Year +187.79% +19.95% 3-Year +683.33% +50.46%