it probably has by now a higher order backlog than VW
even if the war ends ,they will have their order books full just for replacing what was sent to Ukraine by various European countries, and to replace the Communist era equipment that is phased out by Poland,Czechia, Slovakia, Romania, Slovenia, Croatia, Bulgaria, Hungary, Lithuania ,Latvia, Estonia and others
they were the 20th largest defense company in 2023, by 2025 they could easily break into top 10
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this is a bad thing , the only winners in war is the arms companies
The biggest he’s ever seen, so far
Rheinmetall is for defense what Biontech was for COVID vaccines
a company sitting there quietly and unknown, and suddenly the entire continent needs its products
its order backlog has already reached **48.6 billion euros by end of June 2024**
[https://www.rheinmetall.com/en/media/news-watch/news/2024/08/2024-08-08-rheinmetall-news-financial-report-for-h1](https://www.rheinmetall.com/en/media/news-watch/news/2024/08/2024-08-08-rheinmetall-news-financial-report-for-h1)
it probably has by now a higher order backlog than VW
even if the war ends ,they will have their order books full just for replacing what was sent to Ukraine by various European countries, and to replace the Communist era equipment that is phased out by Poland,Czechia, Slovakia, Romania, Slovenia, Croatia, Bulgaria, Hungary, Lithuania ,Latvia, Estonia and others
they were the 20th largest defense company in 2023, by 2025 they could easily break into top 10
[https://en.wikipedia.org/wiki/List_of_defense_contractors#List_of_companies](https://en.wikipedia.org/wiki/List_of_defense_contractors#List_of_companies)
[https://people.defensenews.com/top-100/](https://people.defensenews.com/top-100/)
every non military CEO in germany: “great for you!! :*(“