ReferIndia News Rheinmetall Nears Multi-Billion-Euro Ammunition Deal Amid Defense Expansion

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Rheinmetall Nears Multi-Billion-Euro Ammunition Deal Amid Defense Expansion

Published on: Nov. 4, 2025, 7:07 p.m. | Source: Devdiscourse

Rheinmetall is finalizing a multi-billion-euro ammunition contract. CEO Armin Papperger revealed it could value in the double-digit billions and is discussing further arms projects with Germany. The nation intends to increase defense spending significantly by 2029, and Rheinmetall anticipates strengthened orders, particularly post-2026.

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