German orders drive strong rise in Rheinmetall backlog in H1

BERLIN (Reuters) – German defence group Rheinmetall said on Thursday that its backlog rose significantly in the first six months due to a strong rise in orders from Germany and for the aid of Ukraine.

Its backlog, which includes potential orders from contracts with civilians and call-offs expected from framework agreements with military customers, was up 62% to 48.6 billion euros ($53.12 billion) in the first half of this year, it said.

($1 = 0.9148 euros)