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The Nexus
BUSINESSAug 7 · 05:31 UTCBLOOMBERG

Rheinmetall CEO 'Very Unhappy' With Naval Contract Loss

Rheinmetall CEO Armin Papperger stated he was “very unhappy” following Germany’s withdrawal of a €10 billion naval contract. He criticized the decision, arguing that it represented an irresponsible use of budgetary funds for the defense company.

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Mentioned
RheinmetallorganizationArmin PappergerpersonGermanyplaceBloomberg TVorganizationFrancine LacquapersonNaval contracttopicDefense companytopic
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