Rheinmetall Q1 sales jump 8% year on year, as naval business era begins with promise
“The technology group’s order books remain at record levels,” said the Dusseldorf-based firm as it also predicted “significant growth acceleration” for Q2.
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“The technology group’s order books remain at record levels,” said the Dusseldorf-based firm as it also predicted “significant growth acceleration” for Q2.
“In total, the German Bundestag has approved €1.3 billion for the project a few days ago, so further call-offs are expected,” said the European manufacturer.
The framework contract signing comes after Rheinmetall announced in February a FV-014 demonstration in collaboration with a potential undisclosed NATO customer.
Industrial planning depends on first securing a CCA contract and beating out a number of competitors.
Leonardo said “available cash resources” will finance the acquisition, which is also planned to leverage “the complementary nature of the two companies’ sales networks.”
The “tense security situation underpins the promising position of the Group,” said the European prime.
Rheinmetall showcased its RCWS320C-UAS counter-drone weapon station, SSW40 squad support weapon, FV-014 loitering munition, and an integrated interconnection concept for light forces at Enforce Tac 2026 in Nuremberg, Germany, which concluded on February 25. The German defence group’s exhibit spanned both counter-unmanned aerial system (C-UAS) effectors and tactical strike drones, presenting them within a unified … Read more
The post Rheinmetall Showcases Integrated Attack and Counter-Drone Stack at Enforce Tac 2026 first appeared on Quwa.
Outlining next steps, Rheinmetall said that “the tank will undergo further trials, as it moves towards operational service as the centrepiece of the British Army’s modernisation programme.”
For ICEYE, the German deal is the latest in a handful of high-profile sales to European militaries as the continent moves out on a collective effort to establish “strategic autonomy” in from the United States in the space domain.
The document, dated Oct. 20, and marked as controlled unclassified information, sheds additional light onto the Army’s plans to host a new competition.