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......

Restricted content

Economy

KOPIE - Germany's Hapag-Lloyd eyes Red Sea return as Houthi attacks

2026-08-13 17:30:41

Germany's Hapag-Lloyd eyes Red Sea return as Houthi attacks subside

2026-08-13 17:30:41

German insolvency wave set to persist into 2027, experts warn

2026-08-13 17:30:41

Ships shun Rhine as water level plummets near Cologne

2026-08-13 16:30:29

Ships shun Rhine as water level plummets near Cologne

2026-08-13 16:03:10

US weekly jobless claims climb more than expected

2026-08-13 15:30:36

Turkey's current account gap widens in June

2026-08-13 15:30:36

US producer prices unexpectedly unchanged in July

2026-08-13 15:01:52

EU allows VW sale of majority share of Everllence to US investor

2026-08-13 14:30:34

Croatian producer price inflation eases to 4.9%

2026-08-13 14:01:14

Irish inflation remains stable at 3.4%

2026-08-13 14:01:13

Latest NAMPA photos

WALVIS BAY

NAMPA

WINDHOEK, 12 August 2026 - UNAM Vice-Chancellor Kenneth Matengu and Huawei Board director Jason Xu. (Photo: Ali Negumbo) NAMPA

NAMPA

OPUWO, 12 August 2026 - Chief Muhijamo Tjindunda of Ehomba pictured during the community engagement with the Parliamentary Standing Committee on Natural Resources at Ouroutumba village on Tuesday. (Photo: Contributed)

NAMPA

NKURENKURU, 11 August 2026 - Member of the Parliamentary Standing Committee on Public Accounts, Inna Hengari.(Photo: Lylie Joel) NAMPA

NAMPA

NKURENKURU, 11 August 2026 - Nkurenkuru Town Council Acting Chief Executive Officer Magana Mukuve. (Photo: Contributed)

NAMPA

WINDHOEK, 11 August 2026 - Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

NAMPA

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

NAMPA