The war in Ukraine has made munitions maker Rheinmetall AG, a once low-profile German manufacturer, a key player in the global arms trade
has made munitions maker Rheinmetall AG a key player in the global arms trade, catapulting the once low-profile German manufacturer into one of Europe’s most important weapons suppliers.
Since Russia’s invasion last year, Rheinmetall’s shares have risen 150%, and the company has reported record earnings and orders, with the conflict’s artillery-heavy nature pointing to strong future demand for its shells. The company also has begun talks with German and Ukrainian officials about building a tank factory in Ukraine.
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