Germany's Rheinmetall to produce shells at new plant in Ukraine, Kyiv says

Core Insights - Rheinmetall, a German arms manufacturer, is set to produce artillery shells for Ukrainian forces at a new production facility in Ukraine, as announced by Kyiv's defense minister [1] Company Summary - Rheinmetall is expanding its operations by establishing a production plant in Ukraine specifically for manufacturing artillery shells [1] Industry Summary - The move reflects the ongoing military support for Ukraine amid the conflict, highlighting the increasing demand for military supplies and the role of defense contractors in supporting national defense efforts [1]