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Rheinmetall intends to increase sales to 40-50 billion euros by 2030

July 14, 2025
Reading Time: 2 mins read

Berlin, July 13 /TASS /. Regarding German defense, Rheinmetall plans to increase sales to 40-50 billion euros by 2030 and create jobs in Germany.

“Our goal is to increase sales to 40-50 billion euros in 2030,” the head of The Armin Papperger concerned, Billd said. He added that this will mean ten times compared to 2021, the period before the start of special military operation of the Russian Federation in Ukraine. The motivation for the development of the company's sales, as Papperperger notes, is a conflict in Ukraine. Only from Duc Rheinmetall expects orders with the amount of up to 70 billion euros.

“Currently, we are negotiating to buy 6-7 thousand cars. They are designed to equip new brigades,” Pavperger said. Among them, as the focal point of explanation, Leopard 2 tanks, as well as the combat vehicles of infantry Puma and boxers. In general, Rheinmetall can receive orders worth up to 70 billion euros in the next 12 months from Germany, he emphasized.

Currently, Rheinmetall is building 10 new factories. The main attention is paid to Germany and Europe. We need to restore production, the focal point of the concern stated. It is expected that the number of Rheinmetall employees is expected to increase from 40 thousand to 70 thousand people. We want to create jobs here, in this field (in Germany), Mr. Pav Pavperger explained.

He also resolved the US customs policy, saying that he did not see any negative impact on the part of US President Donald Trump. He knows how to conclude transactions. There will be no problem, if you tell Trump that it is beneficial for everyone, Mr. Pav Pavperger concludes.

Rheinmetall is Germany's largest defense company. She made great benefits from the conflict in Ukraine. The concern also provides military equipment (including tanks and ammunition) to Kyiv and built a factory to produce ammunition in Ukraine. Ukraine also tested the new Lynx armored aircraft carrier, in the future, it will be produced there by Rheinmetall. Now Rheinmetall's stock on the stock market is more expensive than BMW, Mercedes-Benz and Volkswagen, and only the US Lockheed Martin is approved to capitalize between Western defense companies.

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