Rheinmetall AG Reports Significant Revenue Increase in FY 2024; Sales by Segment Show Mixed Results
Rheinmetall AG reported a significant revenue increase for FY 2024, with sales reaching €29.9 billion. The company, focused on defense systems, saw mixed results across segments: Weapon and Ammunition sales fell by 6%, while Electronic Solutions rose by 21%, Vehicle Systems by 29%, and Power Systems by 18%. Rheinmetall aims for growth in the German market and internationally, particularly in the US, targeting a sales increase from €366 million in 2023 to around €2 billion. The outlook suggests potential revenue growth through higher-margin electronic systems and strategic partnerships.
Rheinmetall AG released its half-year results for 2025, reporting sales of €29.9 billion for the fiscal year 2024. The company’s business model remains heavily focused on defense systems, particularly with an 85% focus on army operations. The market has seen increasing defense budgets, which have been a significant driver for Rheinmetall’s performance. In terms of segment performance, Rheinmetall’s Weapon and Ammunition division reported a sales variation of -6%, whereas the Electronic Solutions segment saw a 21% increase. The Vehicle Systems segment posted a 29% rise in sales, and Power Systems experienced an 18% increase. Rheinmetall’s strategic growth paths include further organic growth in the German market, securing prime contractor positions in additional programs, and expanding internationally, specifically targeting the European, US, and APAC markets. The company is particularly focused on capturing workshare in future naval programs with solutions ranging from sensors to effectors. In the US market, Rheinmetall has highlighted its strategic shift with a significant order potential, projecting over a 50% compounded annual growth rate in sales from €366 million in 2023 to a target of around €2 billion in the coming years. The company is positioning itself for opportunities in areas such as the artillery ecosystem, air defense, and combat vehicle mission systems. The company’s outlook indicates potential revenue growth from capturing a greater share of program revenues and driving the product mix toward higher-margin electronic systems. Rheinmetall aims to leverage its partnerships and acquisitions to scale revenues and profitability further. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rheinmetall AG published the original content used to generate this news brief on September 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
