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Rheinmetall expects potential order intake of 80 billion euros, says CEO

Rheinmetall expects potential order intake of 80 billion euros, says CEO

FILE PHOTO: CEO of Rheinmetall Armin Papperger attends the inauguration of a new artillery plant of ammunition maker Rheinmetall, in Unterluess, Germany August 27, 2025. REUTERS/Annegret Hilse/File Photo

German arms maker Rheinmetall expects a potential international order intake of 80 billion euros ($93.54 billion) this year, CEO Armin Papperger said on Thursday.

Speaking at a Handelsblatt conference in Berlin, Papperger cited ongoing competitions for orders for the Boxer APC, the frigates F126 and F127, and an additional batch of Puma infantry fighting vehicles.

He said the Boxer order alone had a volume of 37.7 billion euros, and the orders for the frigates amounted to 12-13 billion euros.

($1 = 0.8552 euros)

 

(Reporting by Sabine Siebold)

 

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