Rheinmetall Wins EUR 300 Mln Worth Artillery Ammunition Order From NATO Customer
From Nasdaq: 2024-05-24 04:09:07
Rheinmetall AG has secured a significant order from a NATO customer for 155mm artillery ammunition, totaling nearly 300 million euros. The order includes tens of thousands of artillery shells and hundreds of thousands of propellant charge modules, with deliveries scheduled between 2024 and 2028. This comes as a response to the need to replenish armed forces’ ammunition stocks following the war in Ukraine. In Germany, Rheinmetall shares were trading slightly down at 529.80 euros.
Read more at Nasdaq: Rheinmetall Wins EUR 300 Mln Worth Artillery Ammunition Order From NATO Customer