Rheinmetall AG

RHM: XETR (DEU)
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Rheinmetall: Plans Move Into Shipbuilding With Naval Vessels Lürssen Deal; Aligns With NATO Buildup

Rheinmetall agreed on the terms to acquire Naval Vessels Lürssen, a shipbuilder with EUR 1 billion sales, a EUR 5 billion backlog, and EBIT margins at 10%, above the peer median. Closure of the deal is targeted for early 2026, subject to approvals.

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