Rheinmetall posted a 20% year-on-year jump in revenue, driven by exports to Ukraine and soaring EU defense spending
German arms giant Rheinmetall has reported a surge in operating profit for the first nine months of 2025 and a record backlog of orders, citing the Ukraine conflict and growing EU defense budgets.
Company shares have nearly tripled over the past year on rising demand for military hardware. Rheinmetall produces a wide range of weapons supplied to Ukraine, including tanks, armored vehicles, artillery shells, and ammunition.
Sales jumped by 20% to €7.5 billion ($8.7 billion), while operating profit rose by 18% to €835 million…
Read the full article at RT.COM
