Rheinmetall AG Stock

Description Rheinmetall

Rheinmetall is a listed company that operates in the defense and automotive industries. The company is based in Germany and is divided into two main divisions.

The defense division of Rheinmetall manufactures and supplies a wide range of defense equipment, including tracked and wheeled vehicles, weapons systems, ammunition, and air defense systems. The company also provides simulation and training systems for the military and law enforcement agencies.

The automotive division of Rheinmetall produces and supplies engine components and systems, as well as emission reduction technology for passenger cars, commercial vehicles, and industrial applications. The company's products range from gasoline and diesel engine components to turbochargers, pistons, and bearings.

Rheinmetall has a strong presence in Europe, North America, and Asia, with over 25,000 employees worldwide. The company's 2019 revenue was approximately €6.2 billion, with the defense division accounting for approximately 60% of the revenue and the automotive division accounting for approximately 40%.

Competitors of Rheinmetall

Rheinmetall, a German-based technology group, operates in two core business units: Rheinmetall Defence and Rheinmetall Automotive. The company's competitors vary depending on each of its units. Below are the most important competitors of Rheinmetall:

1. Rheinmetall Defence:
Rheinmetall Defence's main competitor is Airbus Defence and Space, a subsidiary of Airbus Group. Other competitors include Lockheed Martin, Raytheon, and BAE Systems.

2. Rheinmetall Automotive:
The automotive unit's main competitor is Continental AG, a German automotive manufacturing company. Other competitors include Bosch, Delphi Technologies, and Denso Corporation.

Overall, Rheinmetall faces intense competition from established international players, creating a challenging business environment. These competitors have significant financial resources, advanced technology, and strong brand recognition, posing a threat to Rheinmetall growth prospects.

Suppliers of Rheinmetall

Rheinmetall is a leading German conglomerate primarily engaged in the development and production of defense and security technologies. The company has several important suppliers that contribute to its diverse product range. These include:

1. Bosch: Bosch is a leading supplier of automotive and other engineered products such as sensors, electronics, and software. Rheinmetall is a major supplier of defense and automotive products, and as such, it relies heavily on Bosch to provide a wide range of components.

2. Safran: Safran is a French multinational company that supplies a variety of defense and aerospace products, including aircraft engines, landing gear, and avionics systems. Rheinmetall relies on Safran for these types of products to support its defense and public security business units.

3. Siemens: Siemens is a German conglomerate that supplies electrical engineering products and services to industries, including manufacturing, energy, and healthcare. Rheinmetall uses Siemens products and services to support its operations, particularly in the areas of energy supply and automation.

4. ThyssenKrupp: ThyssenKrupp is a German industrial conglomerate that provides a range of products and services related to steel, engineering, and technologies. Rheinmetall relies on ThyssenKrupp to supply various steel products and engineering services to support its business needs.

5. United Technologies: United Technologies is an American multinational corporation that provides high technology products and services to the aerospace and building systems industries. Rheinmetall relies on United Technologies to supply various aerospace and building systems products to support its defense and public security business units.