Rheinmetall stock: Schakal order lifts programme to 291 vehicles
Published on 10/30/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDefence order expands vehicle programme
- OCCAR ordered 69 additional Schakal infantry fighting vehicles for Germany and the Netherlands.
- Rheinmetall expects deliveries of the new vehicles between May 2032 and November 2033.
- The company is due to report third-quarter results on November 5, 2026.
Rheinmetall received a new defence order on Thursday, October 29, 2026, as the European Organisation for Joint Armament Cooperation, OCCAR, commissioned 69 additional Schakal wheeled infantry fighting vehicles for Germany and the Netherlands. Rheinmetall described the order in its press release.
The order covers 35 vehicles for the Bundeswehr and 34 for the Royal Netherlands Land Forces. Artec GmbH, a joint venture between Rheinmetall and KNDS Deutschland, is the prime contractor for the Boxer platform. Rheinmetall said its share of the two option call-offs is in the medium three-digit million-euro range.
Schakal programme gains further scale
The latest call-off raises the number of Schakal vehicles scheduled for delivery to 291. The main contract awarded in October 2025 covered 222 vehicles and included options for up to 200 more. Germany's Bundestag Budget Committee approved the first call-off of the options on June 24, 2026.
Deliveries of the newly ordered vehicles are planned between May 2032 and November 2033. The Schakal combines the Boxer wheeled armoured vehicle chassis with the turret of the tracked Puma infantry fighting vehicle. Its weapons include Rheinmetall's MK 30-2/ABM cannon and the MELLS anti-tank guided missile.
Rheinmetall Vehicle Systems division head Dr Bjorn Bernhard said the activation of additional options confirms customer confidence in the system. He added that the order improves planning certainty for the company and its suppliers while strengthening European industrial capacity. The programme also supports production at German sites operated by Rheinmetall, KNDS Deutschland, MTU, Hensoldt and other suppliers.
Shares trade below prior Xetra close
Rheinmetall stock traded at 1,036.90 euros on Lang & Schwarz at 11:09 CET on Friday, October 30, 2026, 1.08 percent below the Xetra close of Thursday, October 29. The real-time quote of Rheinmetall stock provides the latest trading reference for investors.
Rheinmetall stock at a glance
- Company: Rheinmetall AG
- ISIN: DE0007030009
- Ticker: RHM.DE
- Lang & Schwarz quote: 1,036.90 euros at 11:09 CET on October 30, 2026
- Change versus Xetra close: 1.08 percent lower than 1,048.20 euros on October 29, 2026
Investors will next focus on Rheinmetall's third-quarter report scheduled for November 5, 2026. The release should provide the next operational update before the Capital Markets Day in Hamburg from November 25 to 27.
The DAX provides the relevant market backdrop for German equities.
More news and analyses on Rheinmetall stock will track the upcoming results and further defence orders.
