Rheinmetall CEO Armin Papperger says he is “very unhappy” after Germany withdrew a €10 billion naval contract, saying it wasn’t a “responsible use of budgetary funds," a decision that forced the defense company to cut its outlook. Papperger made the comments in an interview with Bloomberg TV’s F...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-07/rheinmetall-ceo-very-unhappy-with-naval-contract-loss-video)