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Stock impact report

Rheinmetall receives $2.9B order for armored troop carriers from Germany [Seeking Alpha]

RHEINMETALL AG UNSP/ADR (RNMBY) 
Company Research Source: Seeking Alpha
Deliveries of the "Schwerer Waffentraeger Infanterie" will start next year. The order includes service and maintenance on the vehicles, Rheinmetall said in a statement Thursday. Source: Rheinmetall The carriers are replacements for the Wiesel tracked vehicle, which provides tactical fire support for infantry units. The new vehicles also will be part of the Bundeswehr's new "medium force" category that can rapidly deploy over long distances, said the company. Germany and NATO allies boosted spending on defense after Russia invaded Ukraine two years ago. Recommended For You More Trending News Recommended For You More Trending News Related Stocks Trending Analysis Trending News Show less Read more
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