13 March 2025

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shephardmedia.com

Germany’s Rheinmetall has reported a “boom” in financial results for calendar year 2024, noting “the highest sales in the company's history” for its defence business.Specifically, the company reported consolidated sales of €9.8 billion (US$10.7 billion) compared with 2023’s sales of €7.2 billion, an increase of €2.65 billion or 36%. A key highlight from the results was that the backlog reached €55 billion, a new high, on 31 December 2024 after announcing €38 billion on the same day in 2023.The [...]