The outlook for the Russia-Ukraine conflict remains uncertain, but Rheinmetall in Germany is confident of achieving its profit targets.

Jin10 reported on September 10 that Armin Papperger, CEO of German defense giant Rheinmetall, expressed confidence in achieving the company's ambitious profit and revenue targets for 2030, thanks to streamlined ammunition production and expansion. When asked whether a 20% profit margin could be achieved under the projected sales of 40 to 50 billion euros by 2030, Papperger stated, “I am fully confident that we can do it. I think we are in good shape,” and added that this is due to significant investments in production digitalization and cost reduction. Rheinmetall benefits from efforts by EU governments to invest trillions of euros in rearmament. Papperger expressed skepticism about whether a ceasefire can be reached in the Russia-Ukraine conflict, stating that security will become the top priority in Europe over the next 10 to 15 years.