naval-systems

Breaking Defense

Rheinmetall Q1 Sales Rise 8 Percent as Naval Systems Division Launches

German defense firm Rheinmetall reported €1.9 billion in first-quarter 2026 sales, an 8 percent increase from a year earlier. The company disclosed initial results from its new naval systems unit following the acquisition of Naval Vessels Luerssen, with a €5.5 billion order backl…

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