Rheinmetall (RHM) Stock: A €12.4bn Opportunity and a New U.S. Navy Deal
TLDR
- MWB Research upgraded Rheinmetall to Hold, citing fairer valuation
- Stock hovered near €1,080.60 following the upgrade
- Potential Arminius armored vehicle orders could be worth around €12.4 billion
- Rheinmetall Canada won a single-digit million euro U.S. Navy parts contract
- The contract covers spare parts for MSU-200NAV air start units, with deliveries running from late 2026 to end-2028
Rheinmetall AG (RHM) ended the week near €1,080.60 after a busy few days that brought an analyst upgrade, a massive potential order pipeline, and a new U.S. Navy contract.
MWB Research lifted its rating on Rheinmetall from its previous stance to Hold. The firm pointed to a fairer valuation at current price levels as the main reason for the change.
The upgrade comes as analysts eye potential Arminius armored vehicle orders that could total around €12.4 billion. That number alone is enough to keep investors paying close attention.
The Arminius program represents a major opportunity for the German defense giant. While no firm order has been confirmed, the scale of potential contracts in this area is hard to ignore.
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