|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||110.65 - 111.60|
|52 Week Range||110.65 - 111.60|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Germany's Rheinmetall (RHMG.DE) beat expectations for earnings at its defence unit in the third quarter but missed overall forecasts for earnings before interest and tax (EBIT) due to one-off effects. Defence sales were also boosted by an Australian contract for military utility vehicles, Rheinmetall said. Group EBIT fell 5 percent to 75 million euros, missing the 87 million in a Reuters poll, weighed down by restructuring costs.
Saudi Arabian Military Industries has appointed Andreas Schwer, boss of combat systems at Germany's Rheinmetall AG, as chief executive, the company said on Tuesday. Created in May, state-owned SAMI is ...
Rating Action: Moody's changes outlook on Rheinmetall's ratings to positive; affirms ratings. Global Credit Research- 28 Aug 2017. Frankfurt am Main, August 28, 2017-- Moody's Investors Service, has today ...
German defence and automotive group Rheinmetall said on Monday it had booked a $6.5 million U.S. Air Force contract to supply ammunition for the F-35 multi-role fighter, adding that further orders were likely to follow. * The contract comprises the supply of several ten thousand rounds in four lots, with delivery starting in December 2017, Rheinmetall said in a statement. * The ammunition is Rheinmetall's new 25mm x 137 Frangible Armour Piercing (FAP), which it developed for, and in cooperation with, NATO air forces flying the F-35.
The German military plans to beef up security for a U.N. peacekeeping mission in Mali by deploying a number of tethered aerostats - small airships with threat-tracking sensors - like those used by the U.S. military in Afghanistan, a spokeswoman for the armed forces said. U.S. officials said they had provided information to the German Bundeswehr about a range of options, including the possibility of buying used aerostats built by Lockheed Martin Corp for the U.S. Army.
German and U.S. defence groups Rheinmetall and Raytheon have signed a memorandum of understanding to cooperate globally on defence technology, they said in a joint statement on Friday. The partnership should bring together Raytheon's market-leading position in air-defence systems and guided missiles with Rheinmetall's expertise in combat and defence systems, army weapons and munitions, they said.