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    Home > Finance > Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt
    Finance

    Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt

    Published by Global Banking & Finance Review®

    Posted on April 16, 2025

    1 min read

    Last updated: January 24, 2026

    Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    Rheinmetall's CEO predicts up to $341 billion in orders by 2030, driven by increased European defense spending and potential collaboration with Volkswagen.

    Rheinmetall Projects $341 Billion Order Potential by 2030

    FRANKFURT (Reuters) - Rheinmetall could boost its order book to up to 300 billion euros ($341 billion) by the end of the decade, its CEO said, boosted by Europe's efforts to ramp up defence spending and create credible deterrence against Russia.

    Armin Papperger also told German business daily Handelsblatt that he was in touch with Volkswagen over its Osnabrueck plant, which could be repurposed to make defence equipment, but cautioned an agreement should not be expected soon.

    ($1 = 0.8789 euros)

    (Reporting by Christoph Steitz)

    Key Takeaways

    • •Rheinmetall aims for up to 300 billion euros in orders by 2030.
    • •European defense spending boosts Rheinmetall's prospects.
    • •CEO Armin Papperger discusses potential collaboration with Volkswagen.
    • •Volkswagen's Osnabrueck plant may be repurposed for defense.
    • •No immediate agreement expected with Volkswagen.

    Frequently Asked Questions about Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt

    1What is the main topic?

    The article discusses Rheinmetall's potential to secure up to $341 billion in orders by 2030, influenced by European defense spending.

    2What is Rheinmetall's relationship with Volkswagen?

    Rheinmetall's CEO is in talks with Volkswagen to potentially repurpose its Osnabrueck plant for defense equipment production.

    3How does European defense spending impact Rheinmetall?

    Increased European defense spending is expected to significantly boost Rheinmetall's order book by the end of the decade.

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