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Germany scraps €12.8B frigate program, sending Rheinmetall shares plunging sharply today. #Rheinmetall #Germany #DefenseNews #StockMarket #FrigateProgram

https://meyka.com/blog/rheinmetall-sinks-16-as-germany-scraps-e12-8b-f126-frigate-program-2606/

Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program  | Meyka

Rheinmetall sank up to 16% on June 24, 2026, after Germany scrapped the €12.8B F126 frigate program, handing the contract to rival TKMS instead.

Jun 25 at 4:53amWeb