Rheinmetall: backlog orders almost of EUR 30 billion

German defence industry giant Rheinmetall had a record year in 2022 and is approaching an order backlog of EUR 30 billion, CEO of Rheinmetall Armin Papperger told Reuters in an interview.

“In 2022, we had a very good year, a record year,” he said, saying that the fourth quarter would even beat good third quarter results.

“We are approaching an order backlog of 30 billion euros, and I expect to see an order backlog of 40 billion euros next year,” said the CEO of the Rheinmetall, which sells a whole range of defense products but is probably most famous for supplying the 120mm gun of the Leopard 2 tank.


Source: Reuters.




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