Rheinmetall seeks sales of up to 50 billion eur by 2030, CEO tells German TV


FILE PHOTO: Armin Papperger, CEO of Germany's Rheinmetall AG, looks on as he visits the company's new F-35 fighter jet parts plant in Weeze, Germany, July 1, 2025. REUTERS/Thilo Schmuelgen/File Photo

BERLIN (Reuters) -Rheinmetall is seeking to reach sales of between 40 and 50 billion euros ($59 billion) by 2030, CEO Armin Papperger told broadcasters RTL and NTV in an interview published on Tuesday.

"I would like this company to have a turnover of between 40 and 50 billion and a profit of just under 10 billion," Papperger said, adding that he saw the company growing from 40,000 to 70,000 employees within the next 2-3 years.

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