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Rheinmetall: Rheinmetall Automotive Buys 24.9% Stake In Carbon Truck & Trailer
Rheinmetall: Rheinmetall Automotive Receives Order For Fuel Cell Components
Rheinmetall And MBDA Develop Laser Systems For Bundeswehr Düsseldorf
Rheinmetall AG is a Germany-based company that specializes in security and mobility solutions. It operates through two segments: Defence and Automotive. The Defence segment is divided into three divisions: Vehicle Systems, which manufactures wheeled tactical vehicles and armored tracked vehicles, nuclear, biological, chemical (NBC) protection and turret systems; Weapon and Ammunition, which includes large and medium caliber weapons and ammunition, weapon stations, charge systems and propellant powders, and Electronic Solutions, which develops air defense, command, control and reconnaissance systems, sensors and simulation systems, among others. The Automotive segment also has three divisions: Mechatronics, which develops actuators, solenoid valves, systems for cutting emissions, as well as water, oil and vacuum pumps; Hardparts, which manufactures pistons, engine blocks, cylinder heads, plain bearings and bushes, and Aftermarket, which comprises the global replacement parts business.
Auto & Truck Parts
Rheinmetall Platz 1
Chairman of the Supervisory Board
Chairman of the Executive Board, Chief Executive Officer
Vice Chairman of the Supervisory Board, Employee Representative
Helmut P. Merch
Chief Financial Officer, Member of the Executive Board
Chief Compliance Officer
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Germany's Rheinmetall <RHMG.DE> on Thursday downgraded a forecast for its automotive division, saying it now expects sales in the business to fall 2% to 3% in 2019 compared with its previous forecast for them to stagnate or rise slightly.
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.
Germany's Rheinmetall on Thursday confirmed its outlook as it reported a 6.6 percent revenue increase in the first quarter, mainly driven by its booming Defence unit.
Rheinmetall is ready to ship 120 military trucks to Saudi Arabia as soon as Berlin decides on an export licence the German firm said on Wednesday as it reported a 40 percent rise in full-year profit driven by growth in its defence business.
German automotive and defence company Rheinmetall increased its full-year net profit by 40 percent and hiked the dividend by one fourth, the company said on Wednesday, adding that it targeted further revenue growth boosted by its defence business in 2019.
Shares in Rheinmetall climbed on Friday after the German defence contractor and automotive parts maker reported forecast-beating operating profit and said orders at its defence division almost doubled.
Shares in Rheinmetall climbed after the German automotive parts maker reported a 23 percent rise in full-year operating profit and a record order backlog at its defence division.
German defence contractor and automotive parts maker Rheinmetall said it had been told by shareholder The Capital Group, which upped its stake in the group to 15.4 percent earlier this month, that the investor would play a passive role.
German defence and automotive company Rheinmetall <RHMG.DE> on Monday said it would create a Britain-based joint venture with peer BAE Systems <BAES.L> to design, build and support military vehicles.
German weapons maker Rheinmetall <RHMG.DE> plans to sue the government over its decision to stop all arms exports to Saudi Arabia after the killing of journalist Jamal Khashoggi, Spiegel Online reported on Sunday.
German tank maker and auto supplier Rheinmetall <RHMG.DE> aims to take a majority stake in Franco-German KMW + Nexter Defence Systems (KNDS), German daily Welt am Sonntag reported.
Rheinmetall <RHMG.DE> on Monday said it was in talks about buying a stake in rival KMW and Nexter Defense Systems N.V, sending shares in the defense company sharply higher.
U.S. weapons maker Lockheed Martin Corp <LMT.N> and German peer Rheinmetall AG <RHMG.DE> said on Thursday they will make a joint bid to supply the German navy with MH-60R Seahawk helicopters built by Lockheed's Sikorsky unit.
German defence group Rheinmetall said on Wednesday it was studying business opportunities with Azerbaijan, which for more than two decades has been subject to an international arms embargo.
* Q1 SALES WAS 1.337 BILLION EUR, EBIT 48.8 MILLION Further company coverage: (Reporting By Berlin Newsroom)
* RHEINMETALL AUTOMOTIVE BOOKS MAJOR ORDERS FROM PREMIUM AUTOMAKER
* SAYS TO SUPPLY ASIAN CUSTOMER WITH SKYSHIELD AIR DEFENCE SYSTEMS, ORDER WORTH OVER 100 MILLION EUR Further company coverage: (Frankfurt newsroom)
* RHEINMETALL SAYS MULTIMILLION DOLLARS ORDER FROM AN INTERNATIONAL CUSTOMER
* INTERNATIONAL CUSTOMER HAS CONTRACTED TO SUPPLY IT WITH ARTILLERY AND TANK AMMUNITION WORTH ROUND €380 MILLION;
Rheinmetall <RHMG.DE> said on Tuesday it was in talks with a number of UK partners for the Boxer armoured vehicle, including BAE Systems, Thales UK, Raytheon, Rolls-Royce and Pearson Engineering, after Britain said it would rejoin the programme.
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