Rheinmetall CEO Armin Papperger announces plans to boost German arms production and develop new weapons

At a keel-laying ceremony in Wolgast, Germany, Rheinmetall CEO Armin Papperger discussed the company's plans to boost arms production and develop future weapons. He highlighted bottlenecks in missile production and announced a major investment programme. Papperger also mentioned the Skyranger air defense system, which will start series deliveries in 2027, and joint ventures with Destinus and Lockheed Martin for cruise missiles and artillery rockets. He noted increased production of tank ammunition and trucks, and emphasized the need for sustained orders to secure jobs.