Jul. 3 at 2:57 PM
$RNMBY RHEINMETALL WINS ORDER OF SEVERAL HUNDRED MILLIONS: July 3 (Reuters) - German defence contractor Rheinmetall's (RHM -1,91%) subsidiary Denel Munition signed a multi-year contract for the delivery of 155mm projectiles for a European NATO country, the company said on Thursday.
The order, the largest in the history of Rheinmetall Denel Munitions, is worth several hundred million euros, according to the company.
"Deliveries will begin in 2025 and conclude with final delivery in 2027," Rheinmetall added