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Rheinmetall AG (RHMG.DE)

RHMG.DE on Xetra

100.25EUR
9:45am BST
Change (% chg)

€-2.30 (-2.24%)
Prev Close
€102.55
Open
€102.20
Day's High
€102.20
Day's Low
€100.10
Volume
14,478
Avg. Vol
149,675
52-wk High
€114.80
52-wk Low
€68.94

Latest Key Developments (Source: Significant Developments)

Rheinmetall: Rheinmetall Automotive Books First UpValve Order
Wednesday, 15 May 2019 

May 15 (Reuters) - RHEINMETALL AG ::RHEINMETALL AUTOMOTIVE BOOKS FIRST UPVALVE ORDER.ORDER WORTH OVER EUR 90 MILLION.PRODUCTION OF VALVE TRAINS, WHICH ARE ALSO MANUFACTURED AT AUTOMOTIVE SUPPLIER'S NEUSS PLANT, WILL START IN 2019.START-UP OF SERIES PRODUCTION OF CORRESPONDING VEHICLES WILL BEGIN IN 2020.  Full Article

Rheinmetall: Dutch Armed Forces Selects Co To Modernize Armoured Recovery Vehicles
Tuesday, 30 Apr 2019 

April 30 (Reuters) - RHEINMETALL AG ::DUTCH FORCES COMMISSION RHEINMETALL WITH THE MODERNIZATION OF THEIR BERGEPANZER 3 BUEFFEL (BUFFALO ARMORED RECOVERY VEHICLES).THIS ORDER HAS A VALUE IN THE DOUBLE-DIGIT MILLION EURO RANGE.IN A SECOND PHASE, 21 ADDITIONAL VEHICLES WILL UNDERGO CORRESPONDING MODERNIZATION MEASURES.THIS OPTION IS ALSO IN THE DOUBLE-DIGIT MILLION EURO RANGE AND IS ALREADY PART OF THE CONTRACT.THE FIRST VEHICLES WILL BE HANDED OVER TO THE DUTCH ARMED FORCES IN EARLY 2021.  Full Article

Rheinmetall Acquires Armour Protection Maker IBD Deisenroth
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Rheinmetall AG ::ACQUIRES IBD DEISENROTH.PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE.  Full Article

Rheinmetall: Government Of Canada Awards Rheinmetall Canada With Support Contract
Monday, 25 Mar 2019 

March 25 (Reuters) - RHEINMETALL AG ::RHEINMETALL CANADA AWARDED A MAJOR LAND C4ISR PROGRAM SUPPORT CONTRACT BY THE GOVERNMENT OF CANADA.THE FRAME CONTRACT IS CURRENTLY WORTH UP TO CAD 57 MILLION.CONTRACT WILL TAKE PLACE OVER THE NEXT FIVE YEARS AND WILL BE EXPENSED USING A TASK MECHANISM OVER THIS PERIOD.  Full Article

Rheinmetall To Create A Uk Based Joint Venture With BAE Systems
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Rheinmetall Ag ::RHEINMETALL AND BAE SYSTEMS TO CREATE A UK BASED LAND SYSTEMS JOINT VENTURE.RHEINMETALL AND BAE SYSTEMS TODAY ANNOUNCED THAT THEY HAVE SIGNED AN AGREEMENT TO CREATE A JOINT UK BASED MILITARY VEHICLE DESIGN, MANUFACTURING AND SUPPORT BUSINESS.NEW JOINT VENTURE WILL BE HEADQUARTERED AT BAE SYSTEMS’ FACILITY IN TELFORD, ENGLAND AND WILL SUSTAIN OVER 400 JOBS IN THE UK, AS WELL AS PRESERVE KEY TECHNOLOGY AND ENGINEERING SKILLS.RHEINMETALL WILL PURCHASE A 55 PERCENT STAKE IN THE EXISTING BAE SYSTEMS UK BASED COMBAT VEHICLES BUSINESS, WITH BAE SYSTEMS RETAINING 45 PERCENT.JV TO BE COMPLETED IN THE FIRST HALF OF 2019..  Full Article

Rheinmetall Wins 43 Mln Euro Contract From British Armed Forces
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Rheinmetall AG ::RHEINMETALL MODERNIZES BRITISH LOGISTIC VEHICLES FLEET.TOTAL OF 382 RETROFIT KITS FOR THE ENHANCED PALLET LOADING SYSTEM, OR EPLS, WILL BE SUPPLIED AND INTEGRATED INTO THE TRIED-AND-TESTED HX TRUCKS OF HER MAJESTY'S ARMED FORCES.RMMV CONTRACT IS WORTH OVER €43 MILLION.  Full Article

Rheinmetall Wins Follow-Up Order From Canadian Forces
Wednesday, 20 Jun 2018 

June 20 (Reuters) - RHEINMETALL AG ::HAS WON AN IMPORTANT FOLLOW-UP ORDER FROM THE CANADIAN ARMED FORCES.NAVY OF NATO PARTNER COUNTRY TO EXPAND MASS PROTECTION SYSTEMS ON FRIGATES WITH TOTAL VALUE OF AROUND CAD 20 MILLION (EUR 12 MILLION).PROJECT WILL HAVE TOTAL DURATION OF FOUR YEARS (2018 TO 2022).  Full Article

Rheinmetall: Subsidiary KS Kolbenschmidt Wins Contract In China
Thursday, 22 Mar 2018 

March 22 (Reuters) - RHEINMETALL AG ::FORWARD-LOOKING ORDER IN CHINA.SUBSIDIARY KS KOLBENSCHMIDT HAS JUST BEEN AWARDED ITS FIRST CONTRACT FOR PISTONS FEATURING THE LATEST LITEKS 4 TECHNOLOGY‍​.ORDER HAS A LIFETIME VALUE OF OVER €47 MILLION.  Full Article

Rheinmetall: Major Order From Australia
Wednesday, 21 Mar 2018 

March 21 (Reuters) - RHEINMETALL AG ::MAJOR ORDER FROM AUSTRALIA.RHEINMETALL TO SUPPLY ARTILLERY AMMUNITION.THE ORDER IS WORTH AROUND AUD 100 MILLION, ROUGHLY EUR 65 MILLION.  Full Article

BRIEF-Rheinmetall expects annual German orders to average 2 bln euros
Thursday, 15 Mar 2018 

Corrects first bullet to show CEO expects annual orders to average 2 bln euros per year, not an order for 2 bln euros:CEO SAYS WE EXPECT AVERAGE ANNUAL ORDERS OF 2 BLN EURO FROM THE GERMAN ARMED FORCES .CEO SAYS FRANCO-GERMAN SUCCESSOR TANK TO LEOPARD TO BE DEVELOPED BY 2025, PRODUCTION READY BY 2030.  Full Article

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Rheinmetall's first quarter boosted by defence sales, shares jump

BERLIN Germany's Rheinmetall on Thursday confirmed its outlook after a 15 percent rise in first-quarter operating profit on higher defence sales, boosting its shares.