Rheinmetall says Iran war validates plans to increase missile production - News Summed Up

Rheinmetall says Iran war validates plans to increase missile production


DUESSELDORF (March 6): German defence company Rheinmetall said on Friday that the war in Iran validates its plans to expand missile production as quickly as possible to meet rapidly growing demand. The company sees itself as ideally positioned to play a key role as an industrial partner in rockets and components, Rheinmetall told Reuters in response to an inquiry. New production facilities for missiles and rocket engines are planned at its Unterluess site in Germany, which are expected to be completed in the first quarter of 2027, as well as in its Spanish site of Burgos. Rheinmetall said that its initiatives are in response to limited production capacities in the Western world.


Source: The Edge Markets March 06, 2026 11:50 UTC



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