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Rheinmetall Falls 13% as Germany Plans to Scrap Multi-Billion-Euro F126 Frigate Program

Defense stocks fell sharply after the Financial Times reported that Berlin is moving to cancel its multi-billion-euro F126 frigate program. Rheinmetall, the German defense group, dropped 13% as the news spread through…

NM
NewsMV Markets Desk
3 min read
25 June 2026Markets desk
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Filed via cnbc.com

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