What Happened
Defense Supplier Wins New Order Amid Share Price Decline
Rheinmetall has secured a new US Navy spare-parts contract worth a single-digit million euro amount, despite this, the company’s stock continues to fall on Xetra. The contract, awarded to Rheinmetall’s Canadian subsidiary, is for replacement components for MSU-200NAV mobile air-start units used by the US Navy. Deliveries are scheduled between the end of 2026 and the end of 2028. This news was first reported by Unknown Source.