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Thursday, 5 November 2026

Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts

From CNBC 5 Nov 2026, 08:10 UTC 1 min read

Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts — Image: CNBC

Rheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries.

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