Rheinmetall, KNDS Get Near $5 Billion German Army Order for Puma Tanks [Yahoo! Finance]
RHEINMETALL AG UNSP/ADR (RNMBY)
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Source: Yahoo! Finance
The German army is expanding its fleet of Puma infantry fighting vehicles with the order for 200, Rheinmetall and KNDS said in a joint statement Friday. We Let AI Run Our Office Vending Machine. It Lost Hundreds of Dollars. Wells Fargo's Investment Bankers Are Having Their Best Year Ever How Trump Spun a Social Network Into a Nuclear-Fusion Company The Bank of Japan Raised Rates. Here's Why You Should Care. Trump Media to Merge With Nuclear Fusion Firm in $6 Billion Deal Pumas are manufactured by Projekt System & Management, a JV between Rheinmetall and KNDS, which this week said it will go public with dual listings in Paris and Frankfurt as it emerges, like Rheinmetall, as a major beneficiary of rising demand for defense goods in a Europe clouded by worsening relations with Russia. The first tanks from the order should be delivered in mid-2028, the companies said. The order is worth around 4.2 billion euros ($4.92 billion), to be divided equally between the two compa
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