Rheinmetall to Supply Artillery Ammunition to Ukraine

Rheinmetall (RHM.F) secured a contract from an unnamed NATO member state to deliver artillery ammunition to Ukraine. The German arms maker will finalize the delivery of the 155-millimeter ER02A1 B/B artillery shells and DM72 modular propellant charges before April 2027, according to a Tuesday release. Rheinmetall noted that the deal is valued in the mid-double-digit million euros.