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Rheinmetall Eyes €12.4B Boxers Revenue Under Germany’s Arminius Plan

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Rheinmetall’s management said the €12.4 billion figure reflects expected revenue from the initial Arminius vehicle contract, with a possible 30% advance payment worth more than €3 billion in December or January. Management estimated a roughly €4 billion service contract, about €2 billion for Rheinmetall, taking expected business to about €14.4–€14.5 billion. Artec proposed further vehicle orders worth a combined €26 billion, not yet fixed.

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