Rheinmetall moving toward order backlog of 30 billion euros: CEO

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Rheinmetall moving toward order backlog of 30 billion euros: CEO
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German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview.

Armin Papperger, CEO of German defense and automotive group Rheinmetall AG poses in front of the company's logo and headquarters following a Reuters interview in Duesseldorf, Germany January 27, 2023. REUTERS/Jana Rodenbuschhad a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview.

"We are approaching an order backlog of 30 billion euros, and I expect to see an order backlog of 40 billion euros next year," said the CEO of the company, which sells a whole range of defence products but is probably most famous for supplying the 120mm gun of the Leopard 2 tank.

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