Rheinmetall: armaments group wants to produce ammunition in Germany – economy

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Thomas Fromm and Paul Anton Krueger

Rheinmetall boss Armin Papperger is not one of those who wait a long time and lean back when it comes to business. Chancellor Olaf Scholz (SPD) had just given his speech at the end of February when the manager was already there – and sent a long list of his company’s stocks to the federal government. Value of wheeled vehicles, tracked vehicles and ammunition stocks: 42 billion euros. “We were a bit faster than the others,” he said a few weeks later in an SZ interview. Germany has a lot of catching up to do when it comes to armaments, and his company can help to change that.

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