Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts
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German defense company Rheinmetall shares fell 16% after it cut its 2026 outlook for the second time in three months. The company cited delays to German military projects and artillery ammunition deliveries.
Rheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries.