Rheinmetall stock fell 17% after Germany overhauled its F126 frigate program. The company seeks €12B to complete the project as a Q2 2026 contract deadline

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

Berlín planea aparcar el desarrollo de la fragata F126, valorado en 12.800 millones y víctima de numerosos retrasos y problemas desde que se aprobó en 2020