Defense stocks plummet after Germany scraps warship plans; Rheinmetall stock down 13%

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

Jun 24, 2026 - 13:00
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Defense stocks plummet after Germany scraps warship plans; Rheinmetall stock down 13%
Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.

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