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Keyword: rheinmetall

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  • Germany readies military order for 8,500 armored vehicles - Bloomberg

    07/29/2025 11:48:06 AM PDT · by BenLurkin · 36 replies
    Investing.com ^ | 07/29/2025
    The orders include the purchase of 20 Eurofighter jets from Airbus, up to 5,000 Boxer armored vehicles from Rheinmetall (ETR:RHMG), and at least 3,500 Patria Oyj armored vehicles, according to Bloomberg, citing people familiar with the matter who requested anonymity due to the confidential nature of the discussions. The German cabinet is scheduled to approve its medium-term financial planning on Wednesday. The plan will more than double the country’s annual defense budget to as much as €162 billion ($189 billion) within four years.
  • US and Germany foiled Russian plot to assassinate CEO of arms manufacturer sending weapons to Ukraine

    07/11/2024 8:32:30 AM PDT · by Alter Kaker · 36 replies
    CNN ^ | July 11, 2024 | Katie Bo Lillis, Natasha Bertrand and Frederik Pleitgen
    US intelligence discovered earlier this year that the Russian government planned to assassinate the chief executive of a powerful German arms manufacturer that has been producing artillery shells and military vehicles for Ukraine, according to five US and western officials familiar with the episode. The plot was one of a series of Russian plans to assassinate defense industry executives across Europe who were supporting Ukraine’s war effort, these sources said. The plan to kill Armin Papperger, a white-haired goliath who has led the German manufacturing charge in support of Kyiv, was the most mature. When the Americans learned of the...
  • Rheinmetall demos laser that can shoot down drones

    01/14/2013 9:40:41 AM PST · by Olog-hai · 22 replies
    BBC News ^ | 8 January 2013 | Last updated at 06:25 ET
    A laser weapons system that can shoot down two drones at a distance of over a mile has been demonstrated by Rheinmetall Defense. The German defense firm used the high-energy laser equipment to shoot fast-moving drones at a distance. The system, which uses two laser weapons, was also used to cut through a steel girder a kilometer away. …