The Ukraine war has caused roaring growth in ammunition sales, according to a German CEO that Russia reportedly planned to kill.
"The supercycle is clearly accelerating ... We have never seen such growth," said Armin Papperger, the chief of Germany's top arms firm, Rheinmetal, on Thursday (8 August), in a statement on its first-half 2024 results.
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Already a member? Login hereAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.