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Germany Scraps F126 Frigate Plan, Rheinmetall Shares Tumble

Berlin has cancelled the F126 frigate programme — what would have been Germany's largest warship built since the Second World War — citing cost overruns and persistent delays. Shares in German defence group Rheinmetall…

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

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