Rheinmetall seeks sales of up to 50 billion eur by 2030, CEO tells German TV
Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on July 1, 2025
1 min readLast updated: January 23, 2026
Rheinmetall plans to increase sales to €50 billion by 2030, with significant workforce expansion, as revealed by CEO Armin Papperger.
BERLIN (Reuters) -Rheinmetall is seeking to reach sales of between 40 and 50 billion euros ($59 billion) by 2030, CEO Armin Papperger told broadcasters RTL and NTV in an interview published on Tuesday.
"I would like this company to have a turnover of between 40 and 50 billion and a profit of just under 10 billion," Papperger said, adding that he saw the company growing from 40,000 to 70,000 employees within the next 2-3 years.
($1 = 0.8469 euros)
(Writing by Friederike Heine; editing by Matthias Williams)
Rheinmetall is aiming for sales between 40 and 50 billion euros by 2030.
Papperger expects the company to achieve a profit of just under 10 billion euros.
The company plans to grow its workforce from 40,000 to 70,000 employees.
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