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Rheinmetall’s Rise To Europe’s Defence Heavyweight

From Filipe Pereira Martins und CTO und CISO Anna Kobylinska 11 min Reading Time

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Germany’s biggest pure-play arms maker is growing at a pace more typical of a deep‑tech startup than of a century‑old industrial conglomerate. This trajectory, rather than merely taking the pulse of Europe’s rearmament cycle, reflects a strategy that is about to reshape the continent´s long-standing security posture: selective reindustrialisation.

(Source:  Rheinmetall)
(Source: Rheinmetall)

Since early 2022, Rheinmetall’s equity story has been a straight-line repricing of scale. In a matter of merely four years, Rheinmetall’s share price has exploded from 96.94 (Feb 7, 2022) to 1,609.00 (Feb 13, 2026) for a roughly +1,560% gain. On market capitalisation, the arc is even more vivid: over the same period, Rheinmetall has added around €70bn in equity value, putting it among Germany’s largest listed companies and ahead of major automakers from Volkswagen through Mercedes-Benz Group to BMW.