Rheinmetall wins Schakal vehicle order from Germany and the Netherlands
Rheinmetall has secured a major deal for Schakal wheeled combat vehicles for Germany's army and the Dutch military. Option call-offs total hundreds of millions of euros.
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what happened
According to Reuters, Rheinmetall AG has announced a major contract covering Schakal infantry fighting vehicles on wheels for Germany's army and the Netherlands' military. Under current plans, deliveries are scheduled between May 2032 and November 2033.
The combined value of two option call-offs sits in the mid-hundreds-of-millions-of-euros range, the company said. For Rheinmetall itself, the contract falls in the same range of value.
why it matters
The contract adds a long-term order to the backlog, which matters for estimating the defence group's revenue several years ahead. Deals of this kind typically keep investor attention on European weapons makers.
market impact
Rheinmetall shares and European defence sector: long-term order supports revenue expectations
- Rheinmetall shares pressure up — a long-term order adds to the company's future revenue backlog
tags
instruments
sources
- Rheinmetall gets Schakal vehicle order for German, Dutch — Reuters, 29 October 2026 at 08:06 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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