German arms maker Rheinmetall expects to keep growing even faster than earlier thought, its CEO said, given U.S. President Donald Trump administration's calls on Europe to boost defence spending and take responsibility for its own security.

European NATO members' repeated failure to hit its defense spending targets means it should have no complaints about peace talks, Rheinmetall CEO says.

Decades of under-investment in military has left region isolated in US-Russia negotiations, says Rheinmetall chief

Rheinmetall, Europe's top ammunition maker, intends to repurpose two of its automotive plants in Germany to mostly make defence equipment, highlighting the impact of an expected surge in spending in the region amid U.

Shares in Germany's Rheinmetall have soared 57% this year, while BAE Systems is up 17% and France's Thales has gained 22%.

Shares of German defense giant Rheinmetall AG soared by as much as 11% in Frankfurt, marking their largest single-day gain in over two years. The rally comes as European officials deliberate on a significant increase in military spending to support Ukraine,

A stark new reality in Europe — that its long-time ally and security guarantor, the United States, may not come to its rescue in a future war — has set the stage for a faster ramp-up in military spending on the continent.

German arms maker Rheinmetall expects to keep growing even faster than earlier thought, its CEO said, given U.S. President Donald Trump administration's calls on Europe to boost defence spending and take responsibility for its own security.

Europe has been consigned to “kids’ table.” Unless Europe invests in defense and becomes stronger, it will continue to be treated like a child. "When the parents are having dinner, the children have to sit at a different table,

Rheinmetall plans to convert two automotive plants in Germany to produce defense equipment, responding to increased EU military spending due to U.S.-Russia tensions. The firm's market value has risen since Russia's invasion of Ukraine,

The deal comes as part of a wider German effort to remake the Bundeswehr and educate the population for the possibility of major crises.

Rheinmetall plans to repurpose two of its German automotive facilities into defense equipment production sites amidst increased regional defense spending due to U.S.-Ukraine tensions. This strategic move affects its Berlin and Neuss locations,