Rheinmetall paid 4.5 EBITDA multiple, CEO Papperger says Deal comes as German naval sector consolidates Rheinmetall shares rise 1.6% BERLIN/FRANKFURT, Sept 15 (Reuters) - Rheinmetall (RHMG.DE), opens ...
Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) agreed to purchase Luerssen Group’s naval ship division, NVL, as part of its strategy to expand in Europe and capitalize on rising defense budgets. The deal, ...
BERLIN, Aug 27 (Reuters) - European defence giant Rheinmetall (RHMG.DE), opens new tab has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on ...
Rheinmetall has agreed to buy Luerssen Group's warship division, NVL, as the German defence group seeks to expand in Europe and tap increased military spending across the continent. The move announced ...
Kraken K3 Scout USVs at Kraken's production site near Portsmouth, UK, in July 2025. (Kraken Technology Group) A joint venture (JV) to be called ‘NVL Kraken' was announced on 22 August by German ...
According to a report by Mizuho, shipments of the GB200 NVL are on track to meet the late 2024 schedule, even though production volumes have initially been lower due to bottlenecks. Mizuho's ...
BERLIN/FRANKFURT (Reuters) - Rheinmetall has agreed to buy Luerssen Group's warship division, NVL, as the German defence group seeks to expand in Europe and tap increased military spending across the ...