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4-Traders Homepage  >  Equities  >  Xetra  >  Rheinmetall AG    RHM   DE0007030009

Real-time Quote. Real-time Tradegate - 05/23 06:58:05 pm
85.652 EUR   +0.04%
05/19 RHEINMETALL : Australia receives new military trucks
05/18 RHEINMETALL : Electric motor housings for China
05/13 ZYNP : Rheinmetall Automotive agrees on strategic cooperation
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Rheinmetall : Raytheon to cooperate in defence technology

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02/17/2017 | 04:25pm CEST
A sign marks the Raytheon offices in Woburn

German and U.S. defence groups Rheinmetall (>> Rheinmetall AG) and Raytheon (>> Raytheon Company) have signed a memorandum of understanding to cooperate globally on defence technology, they said in a joint statement on Friday.

German and U.S. defence groups Rheinmetall (>> Rheinmetall AG) and Raytheon (>> Raytheon Company) have signed a memorandum of understanding to cooperate globally on defence technology, they said in a joint statement on Friday.

The partnership should bring together Raytheon's market-leading position in air-defence systems and guided missiles with Rheinmetall's expertise in combat and defence systems, army weapons and munitions, they said.

Raytheon is looking to expand in Europe, with missile bids in Poland and Germany, and wants to take part in an anticipated buildup of spending by NATO.

U.S. President Donald Trump has warned NATO allies they must honour military spending pledges to ensure the United States does not "moderate" support for the alliance.

(Reporting by Georgina Prodhan; Additional reporting by Andrea Shalal in Munich; Editing by Maria Sheahan)

Stocks treated in this article : Raytheon Company, Rheinmetall AG
Stocks treated in this article : Raytheon Company, Rheinmetall AG
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Financials (€)
Sales 2017 5 883 M
EBIT 2017 380 M
Net income 2017 225 M
Debt 2017 492 M
Yield 2017 1,94%
P/E ratio 2017 15,99
P/E ratio 2018 13,59
EV / Sales 2017 0,72x
EV / Sales 2018 0,65x
Capitalization 3 730 M
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 84,1 €
Spread / Average Target -1,8%
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Armin Papperger Chief Executive Officer
Klaus Greinert Chairman-Supervisory Board
Helmut P. Merch Chief Financial Officer
Andreas Georgi Member-Supervisory Board
Rudolf Luz Vice Chairman-Supervisory Board
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