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Rheinmetall Tumbles as Germany Said to Shelve Warships Contract

Rheinmetall Tumbles as Germany Said to Shelve Warships Contract
Bloomberg Markets Wednesday 24 June 2026, 08:05 UTC By Paul Jarvis, Isolde MacDonogh 1 min read
Key Points

Rheinmetall Tumbles as Germany Said to Shelve Warships Contract Rheinmetall AG shares fell the most in a year on concern the defense firm will come under pressure as Germany plans to withdraw a major warships contract. The stock slid as much as 17%, the biggest intraday decline since April 2025.

Rheinmetall Tumbles as Germany Said to Shelve Warships Contract Rheinmetall AG shares fell the most in a year on concern the defense firm will come under pressure as Germany plans to withdraw a major warships contract. The stock slid as much as 17%, the biggest intraday decline since April 2025.
Germany (LOCATION) Shelve Warships Contract Rheinmetall Tumbles (ORG) Shelve Warships Contract (ORG) Rheinmetall AG (ORG)
Originally published by Bloomberg Markets Read original →

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