Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts — Live Feedhttps://www.live-feeds.com/feed/defense-giant-rheinmetall-plunges-16-after-cutting-outlook-on-stalled-military-contractsContinuously updated, source-cited coverage. Rheinmetall Shares Plunge 16% After Cutting 2026 Outlookhttps://www.live-feeds.com/feed/defense-giant-rheinmetall-plunges-16-after-cutting-outlook-on-stalled-military-contractshttps://www.live-feeds.com/feed/defense-giant-rheinmetall-plunges-16-after-cutting-outlook-on-stalled-military-contracts#u191138Tue, 10 Nov 2026 12:30:32 +0000German defense contractor Rheinmetall experienced a steep market drop, with shares falling 16% to 17% following a downward revision to its 2026 financial outlook. The company blamed the adjustment on stalled military contracts, delayed German military projects, postponed artillery ammunition deliveries, and setbacks in the Boxer armored vehicle program. This marks the second time in three months that the defense giant has trimmed its guidance, prompting analysts and investors to reevaluate growth timelines for major European defense supply chains.Why it mattersThe sharp drop in market value re