Ukraine war provides boost to German arms maker Rheinmetall

NAMPA / DPA

2024-11-07

Dusseldorf (dpa) - Germany's largest armaments manufacturer, Rheinmetall, on Thursday posted turnover for the first nine months at ?6.3 billion ($6.8 billion), up 36% on the year. The company, which makes battle tanks, artillery, anti-aircraft artillery, ammunition and military trucks, has seen its share price rise by a factor of more than five since the Russian full-scale invasion of Ukraine began in February 2022. Operating profits soared 72% t......

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