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Rheinmetall says ramping up ATACMS output will take time as US rebuilds stocks

Rheinmetall signed a memorandum of understanding with Lockheed last month to jointly produce Army Tactical Missile Systems.
Boeing wins first production contract for jet-powered JDAM

Boeing won the first production contract for a jet-powered guided bomb that can fly more than 300 nautical miles.
Iran issues warning to Gulf states: US must desist or you’ll be hit hard

Iran has made a concerted push with Gulf states, warning them explicitly that Tehran will hit their oil, power and water plants unless U.S. strikes end.
Rheinmetall scales down 2026 sales outlook on scrapped frigate program

German defense company Rheinmetall lowered its 2026 sales outlook on Thursday after the German government canceled a delayed frigate program.