Tag: financial forecast
1 article
Rheinmetall's Naval Business Hit by $346 Million F126 Frigate Loss
Despite a setback with Germany's cancellation of the F126 frigate programme, Rheinmetall remains optimistic about its military business, citing a strong order book and increased defence budgets worldwide. The company has adjusted its naval sales forecast downward by $346 million, but still expects robust growth, with projected 2026 sales between $15.7 billion and $16.3 billion.