Key facts: Rheinmetall wins €1.2B howitzer order; secures laser module deal; boosts surveillance with SATIM
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Rheinmetall, with KNDS, received a 1.2 billion euro order from Germany for 84 RCH155 howitzers, part of a plan for 500 systems, including support and training.1Rheinmetall AG secured a multi-million euro contract to supply laser modules for the German Armed Forces. The stock rose 1.68% to $1,820.00 after the announcement.23Rheinmetall has secured a contract with SATIM Monitoring to boost its intelligence and surveillance capabilities for the Bundeswehr, focusing on AI-driven satellite reconnaissance.45
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