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Defense stocks plummet on reports Germany is scrapping warships; Rheinmetall stock down 18%

Europe News Germany 24 June 2026, 15:50 UTC 24 Jun 2026

Defense stocks plummet on reports Germany is scrapping warships; Rheinmetall stock down 18% — Europe News

Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to reports.

This story was reported by Europe News. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at Europe News →

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