Ukraine war brings the arms industry out of the sleazy corner - Rheinmetall triples production. According to insiders, the company could more than double profit, and net profit could grow to 8.7 billion euros by 2024.
The Ukraine rearmament program is making RheInmetall the darling of the stock market. The shares of the Munich-based artillery ammunition group also rose by almost three percent to 31.08 euros. Among other things, it earned at least 3,600 euros per projectile of the large-caliber artillery ammunition.