Rheinmetall (RHM.DE) Lowers 2026 Guidance Following Cancellation of German F126 Warship Project
Rheinmetall has lowered its 2026 revenue guidance by 300 million euros due to the cancellation of a significant warship project, despite reporting strong sales and profit growth in the first half of the year. This adjustment reflects ongoing concerns about the defense sector's ability to fulfill orders amid changing government priorities.