German defence contractor Rheinmetall is planning a new ammunition factory in Latvia, the Baltic country and the company announced on Thursday. Latvian Prime Minister Evika Siliņa, and Rheinmetall ...

Rheinmetall Expal Munitions will supply 155mm M107 projectiles with M4A2 propellant charges and 105mm M1 projectiles to an Eastern European country in a total deal worth approximately €444 million ...

The German arms maker signed a preliminary deal for the plant as part of efforts to increase production to meet NATO demand.

German defence contractor Rheinmetall said on Thursday it plans to sign a preliminary agreement in Hamburg later in the day to build a new ammunition factory in an as-yet unspecified NATO member state ...

Rheinmetall will own 51% of factory’s shares with $321M, while Latvian State Defense Corporation will hold 49% - Anadolu Ajansı ...

Ministers say Estonia may also see large-caliber ammunition production in the future, following German arms maker Rheinmetall's recent moves in Latvia and Lithuania.

Delhi Police busted an illegal cartridge manufacturing factory in Moradabad, arresting three suppliers, including the alleged mastermind, Iliyas. The ...

State-owned weapons manufacturer Indumil has produced the country’s first domestically made combat rifle designed to replace the Galil, which had been assembled in Colombia with Israeli components ...

Latvia and German arms manufacturer Rheinmetall AG have signed a Memorandum of Understanding on Thursday, September 25, on the construction of an artillery ammunition factory in Latvia, the press ...

Currently, there is a worldwide shortage of smokeless propellant that is affecting munitions availability globally,” said Dan Powers, who is president and CEO of D&M Holding. “This will be the first ...

The European Union's defense spending boost fuels Rheinmetall AG's shares, but cash flow concerns remain. Read why I rate RNMBY stock a Hold right now.