Defense stocks plummet after Germany scraps warship plans; Rheinmetall stock down 13%
- Posted on June 24, 2026
- By CNBC
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- 1 min read
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.
