Rheinmetall | Latest News & Updates - May 06, 2025 Release
On May 6, 2025, Rheinmetall signed a Memorandum of Understanding with Singapore's Defence Science and Technology Agency to collaborate on digitalisation and experimentation in simulation and training systems...
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Rheinmetall
🌎 rheinmetall.comRheinmetall is a leading international systems supplier in the defense industry and a driver of forward-looking technological and industrial innovations in civilian markets. Founded in 1889 and headquartered in Düsseldorf, the company focuses on sustainability and aims for CO2 neutrality by 2035. It operates in various sectors, including defense, automotive, and security technology, providing a wide range of products and services.
Rheinmetall - Latest News and Updates
- On May 6, 2025, Rheinmetall signed a Memorandum of Understanding with Singapore's Defence Science and Technology Agency to collaborate on digitalisation and experimentation in simulation and training systems.
- Rheinmetall partners with DSTA in Singapore to innovate in simulation and training systems.
- BluMetric Environmental Inc. received a notice to proceed with a $12.2 million production of Mission Ready Water systems under a Rheinmetall Canada contract for the Canadian Armed Forces.
- Rheinmetall's stock has surged nearly 15% since March 17, 2025, driven by increased European defense budgets and strategic contracts, outperforming major indices.
- Rheinmetall has surpassed Volkswagen in market value and is negotiating to acquire Volkswagen's Osnabrück factory to produce armored vehicles and tanks, reflecting a strategic shift in Germany's economy towards defense.
- Rheinmetall is currently seeking a Chief Engineer Unmanned Aerial Systems in Germany.
- Rheinmetall is set to receive a major order for hydrogen storage and transport systems from a leading renewable green hydrogen supplier, with a contract valued in the mid double-digit million Euro range.
- Rheinmetall and Lockheed Martin have expanded their cooperation by signing an extension of their Memorandum of Understanding to establish a European center of excellence for rockets and missiles.
- Rheinmetall celebrated the highest point ceremony of its new production facility in Szeged, Hungary, which will create 300 jobs and focus on air systems, electric vehicle components, hydrogen energy solutions, and advanced defense systems.
- Rheinmetall's Q1 2025 results showed a 73% increase in defense revenue and a record €62.6 billion order backlog, driven by accelerated defense spending amid geopolitical tensions.
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