Browsing Tag
Military Production
2 posts
Rheinmetall stock climbs as Europe’s largest ammunition factory opens in Unterlüß amid rising defense demand
Rheinmetall AG (ETR: RHM) shares rose 1.13% to €1,744.50 on September 5, 2025, following the ceremonial opening of its €500 million ammunition facility in Lower Saxony, now the largest of its kind in Europe. The new plant comes online as NATO states accelerate rearmament programs amid mounting geopolitical tensions.
U.S. Army’s historic $1.3bn javelin deal: What it means for global defense power
In a landmark decision underscoring its commitment to bolstering defense capabilities, the U.S. Army has awarded a monumental…