Finance
Rheinmetall expects potential order intake of 80 billion euros, says CEO
Published by Global Banking and Finance Review
Posted on January 22, 2026
1 min readLast updated: January 22, 2026
Quick Summary
Rheinmetall anticipates 80 billion euros in orders, with major contracts for Boxer APCs and frigates, as shared by CEO Armin Papperger.
Rheinmetall Anticipates 80 Billion Euro Order Intake This Year
Rheinmetall's Expected Order Volume
BERLIN, Jan 22 (Reuters) - German arms maker Rheinmetall expects a potential international order intake of 80 billion euros ($93.54 billion) this year, CEO Armin Papperger said on Thursday.
Details on Major Contracts
Speaking at a Handelsblatt conference in Berlin, Papperger cited ongoing competitions for orders for the Boxer APC, the frigates F126 and F127, and an additional batch of Puma infantry fighting vehicles.
CEO's Insights on Future Prospects
He said the Boxer order alone had a volume of 37.7 billion euros, and the orders for the frigates amounted to 12-13 billion euros.
($1 = 0.8552 euros)
(Reporting by Sabine Siebold, Editing by Miranda Murray)
Key Takeaways
- •Rheinmetall expects 80 billion euros in orders for 2023.
- •Major contracts include Boxer APC and frigates F126 and F127.
- •Boxer APC order alone is valued at 37.7 billion euros.
- •CEO Armin Papperger shared insights at a Berlin conference.
- •The defense sector sees significant international demand.
Frequently Asked Questions about Rheinmetall expects potential order intake of 80 billion euros, says CEO
1What is an order intake?
Order intake refers to the total value of orders received by a company during a specific period, indicating future revenue potential.
2What is a frigate?
A frigate is a type of warship that is typically used for escorting other vessels and for anti-submarine warfare.
3What is an infantry fighting vehicle?
An infantry fighting vehicle is a type of armored vehicle designed to transport and support infantry in combat.
