Rheinmetall Defense sales rose by €159 million or 18% to €1,054 million in the first six months of 2015 (first half year 2014: €895 million). Adjusted for currency effects, the growth was 15%, the company announced today.
The sector recorded a loss for the first six months of 2015; however, at €-27 million, the result is up to €27 million compared with the first half of 2014 (€-54 million).
The bulk of sales and earnings in the Defence business are achieved in the second half of the year.
Rheinmetall Defence was successful on the markets in the first half of this year and increased its order intake to €1,235 million, compared with €1,074 million in the first half of 2014. This represents growth of 15%.
The book-to-bill ratio was still above 1. The sector’s order backlog was €6,728 million after six months – another new record.
In the Defence sector, Rheinmetall expects a margin of 3% based on operating earnings.
Canada will be purchasing US$187.2 million worth 10 Rheinmetall's missile defense radar systems that are patterned after Israels Iron Dome
Rheinmetall has won a $493 million contract to provide an Integrated Soldier System and a Medium Range Radar System to Canadian forces. The Integrated Soldier System Project is a suite of military equipment that is vital to the effectiveness and protection of frontline soldiers on a modern battlefield
Rheinmetall MAN Military Vehicles has presented versatile Armoured Multi-Purpose Vehicle (AMPV) at the International Defence Industry Exhibition MSPO. Various weapon stations can be integrated into the AMPV
Rheinmetall has offered the latest BOXER 8x8 Cavalry Reconnaissance Vehicle, Lance Turret and Northrop Grumman C4ISR Architecture to Australia. The company announced Thursday that it has submitted a bid in response to the Australias LAND 400 Phase 2 - Mounted Combat Reconnaissance Capability request for tender
Rheinmetall has won a 43.1 million contract from an international customer to supply tank ammunition
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