Rheinmetall cuts sales outlook after Germany cancels frigate deal

NAMPA / DPA

2026-08-06

Frankfurt (dpa) - Rheinmetall lowered its full-year sales forecast on Thursday after Germany's Defence Ministry cancelled the multibillion-euro F126 frigate programme Germany's largest defence contractor now expects 2026 group sales of ?13.7 billion to ?14.2 billion ($15.8 billion to $16.4 billion), down from its previous forecast by ?300 million at both ends of the range. The company generated sales of ?9.94 billion in 2025. Rheinmetall left its......

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