Rheinmetall vehicle sales almost double as European companies see continued growth
Rheinmetall’s KF41 Lynx infantry fighting vehicle is one of the products which has boosted the company’s vehicle order backlog. (Photo: Rheinmetall)
Rheinmetall has reported new records in both sales and income for Q1 2025 compared to Q1 2024 with other European companies such as Patria, BAE Systems and Kongsberg also showing strong figures.
Vehicle manufacture has propped up many of the results along with munitions and missiles, all partially or substantially driven by the war in Ukraine and national efforts to improve capability.
Sales at Rheinmetall’s Vehicle Systems division amounted to €952 million (US$1 billion) after three months of the fiscal year of 2025, up €459 million or 93% on the previous year’s figure.
The company’s Q1 2025 report notes that
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Defence Notes
-
From systems integrator to multi-domain solutions provider (video)
Philipp von Brandenstein, Head of Corporate Communications at Rheinmetall, explains how Eurosatory 2026 marked a new stage in the company's evolution.
-
US Pentagon pushes for major reform of defence acquisition system
The US Department of Defense has requested new contracting authorities from Congress, using the Army's MV-75 Cheyenne programme to demonstrate how competition, digital engineering and closer industry collaboration could accelerate acquisitions.
-
US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule
The US government plans to accelerate production even further after achieving key B61-13 milestones months ahead of schedule, as the programme advances amid growing US-China strategic competition.
-
Canada’s C$2 billion ACSV deal reinforces new defence industrial strategy as allies align
General Dynamics Land Systems-Canada is the country’s first strategic partner under the Defence Industrial Strategy’s Strategic Partnership Framework, an effort to provide companies with confidence to invest and boost the defence labour force.
-
New UK armed forces minister frames High North defence as vital to “homeland security”
The UK’s Minister for the Armed Forces Louise Sandher-Jones made her first appearance in the role before the House of Commons Defence Committee this week to highlight efforts to improve capability in the High North.
-
Canada seeks to strengthen industrial ties with the US on classified programmes
Ottawa explores expanding defence-industrial cooperation with Washington into sensitive programmes, an approach that could reshape NORAD modernisation, strengthen North American supply chains and create new opportunities for defence contractors.