Rheinmetall Shares Fall 15% as Company Cuts 2026 Outlook Again
Photo: TokenPost
Rheinmetall shares fell as much as 15% in early trading Thursday after the German defense company cut its 2026 sales and operating-margin outlook for the second time since August, pointing to delays in military projects and ammunition deliveries. The company now projects 2026 sales of about $14.9 billion, with an operating margin near 18.5%, down from its previous 19% target. The German military's Arminius Boxer project is now expected to be commissioned next year. Rheinmetall also cited delays in artillery ammunition deliveries and setbacks in acceptance testing.
Source: TokenPost
