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New defense contract, a high record shareholder

New defense contract, a high record shareholder

Rheinmetall’s stock reached an unprecedented peak after ensuring a substantial defense contract of 1.88 billion euros from German armed forces. The agreement, which extends for ten years, involves the development and delivery of the wide surface tactical network for the land -based operations system (Tawan LBO), with initial deliveries scheduled for 2029. This announce New all- all- maximum time of 774.80 EUR Tuesday morning, representing an increase of 1.2% of early transactions. The defense entrepreneur based on Düsseldorf has demonstrated a remarkable financial performance, the quarterly revenues up to 2.45 billion euros and earnings on EUR 3.11. Analysts project an increased dividend of 7.54 EUR per action for the current year.

The resistance of the market against the background of a wider decline

While the wider DAX index faced a downward pressure due to developing commercial conflicts, Rheinmetall stock has presented exceptional resistance. The positive trajectory of the company is in a strong contrast to the general market tendencies, supported by growing initiatives for improved European defense capabilities. This force is reflected in the 138% impressive of the stock from its 52 weeks of EUR 324.00, emphasizing the increasing significance of the defense sector on a market modeled by geopolitical voltages.

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