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Shares in Germany's Rheinmetall have soared 57% this year, while BAE Systems is up 17% and France's Thales has gained 22%.
Rheinmetall, Europe’s top ammunition manufacturer, plans to convert two of its German automotive plants to focus mainly on defence production.
European shares were flat on Tuesday as defence stocks climbed, offsetting declines in technology stocks that came on the ...
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ASX-listed defence ETFs have rocked more than 50 per cent over the past year as investors scramble for a slice of the booming ...
The move by Europe's top ammunition maker to repurpose two automotive plants highlights the impact of an expected surge in ...
Deutsche Bank raised the firm’s price target on Rheinmetall (RNMBY) to EUR 1,040 from EUR 780 and keeps a Buy rating on the shares.Discover the ...
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