Rheinmetall Secures Multi-Billion Euro Drone Contract from Bundeswehr

Rheinmetall announced a major order from the Bundeswehr for FV-014 loitering munition systems, with a framework contract valued in the billions of euros. The initial call-off under the contract is approximately €300 million gross. Deliveries are slated to commence in the first half of 2027, following qualification in the second quarter of 2026.