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Rheinmetall Announces €270m North Hesse Defence Hub Expansion

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Rheinmetall plans about €270 million of new investment at two Hesse sites, with a €25 million top-up from the state, under its North Hesse Defence Hub. The group reports a €63.8 billion order book for 2025 and €9.935 billion sales with an 18.5% operating margin, but it cut 2026 guidance after strong Q2 results. Shares fell 8.4% in a month as a possible €12.4 billion German order is watched, with returns expected after ramp-up by end-2027.

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