
Rheinmetall Expands European Defense Manufacturing with New Ammunition and Powder Facilities
Rheinmetall has opened a new artillery ammunition factory in Germany, aiming to produce 155 mm shells at a capacity of 350,000 units annually by 2027 to meet high demand, especially from Ukraine. The €500 million facility expansion signifies Europe's efforts to bolster munitions stockpiles amid ongoing conflicts, with NATO officials attending the opening. Rheinmetall's stock has surged significantly since Russia's invasion of Ukraine, reflecting increased investor interest in defense companies.













