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Contract Delays
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Rheinmetall (RHMG.DE), the German defense manufacturer known for tanks, grenades, and infantry fighting vehicles, reported second-quarter sales and profit below market expectations on Thursday, citing delays in German defense contract awards. Despite this, the company reaffirmed its full-year sales growth forecast, anticipating a surge in orders in the second half of the year.07 Aug 2025-15:42
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