Finance
Rheinmetall says iran war validates missile expansion plans
Published by Global Banking & Finance Review®
Posted on March 6, 2026
1 min readLast updated: March 6, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 6, 2026
1 min readLast updated: March 6, 2026
Rheinmetall, citing the Iran war, says Western missile output is insufficient and its planned expansion—new production facilities at Unterlüß (Germany) and in Burgos, Spain—will be completed by early 2027 to meet surging demand.
DUESSELDORF, March 6 (Reuters) - German defence company Rheinmetall said on Friday that the war in Iran validates its plans to expand missile production as quickly as possible to meet rapidly growing demand.
The company sees itself as ideally positioned to play a key role as an industrial partner in rockets and components, Rheinmetall told Reuters in response to an inquiry.
New production facilities for missiles and rocket engines are planned at its Unterluess site in Germany, which are expected to be completed in the first quarter of 2027, as well as in its Spanish site of Burgos.
Rheinmetall said that its initiatives are in response to limited production capacities in the Western world.
(Reporting by Matthias Inverardi, Writing by Miranda Murray, Editing by Friederike Heine)
Rheinmetall is expanding missile production to meet rapidly growing global demand fueled by recent conflicts and limited Western production capacities.
New facilities are planned at Unterluess in Germany and Burgos in Spain.
The new production facilities in Germany are expected to be completed in the first quarter of 2027.
The conflict in Iran validates Rheinmetall’s plans to accelerate missile production to address increased global security concerns.
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