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Market
Total value of Rheinmetall's artillery contracts by end of 2025?
5
Resolution / Starting Odds
Less than €10 billion • 33%
€10 billion to €12 billion • 33%
More than €12 billion • 33%
Rheinmetall's official financial statements or press release
Story
Rheinmetall Secures Record €8.5 Billion Artillery Contract with Bundeswehr, Ukraine Aid
Jun 20, 2024, 03:14 PM
Rheinmetall, a German arms manufacturing giant, has received an extension of an existing framework contract for 155mm artillery ammunition from the German government. The total value of the contract has risen significantly by over 700% from €1.2 billion to €8.5 billion, making it the largest order in the company's history. The primary buyer will be Germany's Bundeswehr, with deliveries scheduled to begin in early 2025. A portion of the ammunition will also be supplied to Ukraine. Other partners in the contract include Denmark, Estonia, and the Netherlands.
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