Rheinmetall has signed a €260 million ($271 million) framework agreement with Germany’s Bundeswehr to provide logistical support for troop redeployments domestically and internationally. Announced on Wednesday, the contract runs for three years with an option to extend until 2029. The agreement also includes logistical support for NATO forces, reinforcing Germany’s role as a key military hub in Europe. CEO Armin Papperger highlighted that rising European defense spending, partly influenced by Donald Trump’s calls for increased military investment, could drive significant company growth. The deal strengthens Germany’s ability to mobilize and support forces amid growing security concerns.
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