Rheinmetall would plan to build Boeing MQ-28 Ghost Bats collaborative combat aircraft (CCA) at its facility that is also building Lockheed Martin F-35 parts if it can convince the German government to buy the drone.
Rheinmetall warned investors that first-quarter sales came in below their consensus expectations, but said that recovery in the current quarter would make up for the shortfall.
Rheinmetall says it has received the order to provide synthetic aperture radar (SAR) satellites to the German Armed Forces a day after funding was approved.
Germany has taken delivery of its first Arrow 3 ballistic missile defense system as the government also disclosed additional Kongsberg JSM procurement plans.
After Russia’s invasion of Ukraine, European defense companies have started to glimpse the prospect of unusual, multiyear certainty for their operations.