Rheinmetall Cuts Outlook After Losing German Naval Contract

Rheinmetall AG, Germany's largest defense company, has lowered its sales forecast for the year after failing to secure a German naval contract worth several billion euros.

6 Aug, 05:55 — 6 Aug, 05:55

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bloombergHigh23d ago

Rheinmetall Cuts Outlook After Losing Out on Naval Contract

Rheinmetall AG cut its sales forecast for this year as Germany’s biggest defense company deals with the fallout of losing a German naval contract worth several billion euros.

By Laura Alviž

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Rheinmetall Cuts Outlook After Losing German Naval Contract

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Rheinmetall Cuts Outlook After Losing Out on Naval Contract

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