Key takeaways
- Rheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries.
- The defense company now expects sales to rise to around 13.2 billion euros ($14.9 billion) in 2026, down from a prior outlook range of between 13.7 billion and 14.2 billion euros.
- Rheinmetall said it's revising its 2026 guidance due to delays in the German military's Arminius Boxer project, now expected to be commissioned next year.
Rheinmetall cut its full-year guidance late Wednesday, citing delays to military contracts and ammunition deliveries. It marks the company's second outlook cut since August.
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