“Rheinmetall Falls 14% After Germany Cancels Its Biggest Frigate Program”
July 14, 2026
“…Rheinmetall (RHM) fell 14.81% intraday after Germany announced it is scrapping the F126 frigate program, abandoning plans for six large warships that would have been the biggest commissioned by the German navy since World War Two…
Rheinmetall is down over 36% year to date and more than 50% since its peak in October 2025…”