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Rheinmetall CEO Says in Talks with Potential Customers on New GMF140 Frigate
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10:53 AM EDT, 08/06/2026 (MT Newswires) -- Rheinmetall (RHM.F) is in negotiations with different potential customers for its new GMF140 frigate, Chief Executive Officer Armin Papperger said in an earnings call on Thursday. Papperger, however, said there is nothing official yet. The comment came after the German arms maker lowered its 2026 sales guidance to between 13.7 billion euros and 14.2 billion euros, from 14 billion euros to 14.5 billion euros previously, following the government's decision to scrap a delayed frigate program.
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