Rheinmetall Plunges After Germany Scraps Warship Order

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Source: Zero Hedge
Published: 2026-06-24 20:55 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Defence, Europe, Military & Defence, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
Rheinmetall shares plunged as much as 17%, the largest intraday drop in more than a year, after the Financial Times reported that Berlin has scrapped a multi-billion-euro program to build six F126 frigates.
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