Business
Rheinmetall Expands Gunpowder Production Amid Defense Concerns
German defense company Rheinmetall is expanding its gunpowder production to address ammunition scarcity and bolster Europe's defense sovereignty. The move comes as militaries worldwide seek to increase their stockpiles.
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CNBC
Scarcity of gunpowder is seen as a choke point for ramping up production of ammunition for militaries, and a barrier for Europe to ensure defense sovereignty
2026-07-23 06:54 UTC