BERLIN (Reuters) – German arms maker Rheinmetall is ready to make acquisitions and expects a significant boost in sales due to increased demand for armaments following Russia’s invasion of Ukraine, group CEO Armin Papperger told Handelsblatt.
“Over the coming years, a growth rate of 20 percent should be possible,” he told Handelsblatt in an interview, adding: “We are ready for acquisitions.”
(Reporting by Riham Alkousaa; Writing by Paul Carrel; Editing by Madeline Chambers)
