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Rheinmetall Restores UK Gun Production with £200M Facility

By Drooid · Oct 22, 2026, 10:50 PM UTC · How we work

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Summary

Rheinmetall Opens Gun Hall

Rheinmetall opened the UK Gun Hall in Telford, restoring large-calibre weapons production after a 20-year gap.
Breech production began in May 2026.
Barrel production started in June 2026.
At peak, the 11,500 m² facility can make up to 245 barrels and more than 50 breeches annually.
Rheinmetall has invested over £200 million to use Sheffield Forgemasters steel and support 100 skilled jobs.
The gun hall operates under the 2024 UK-Germany Trinity House Agreement, linking German expertise with a workforce for NATO security.

Summary

Rheinmetall Secures Shipyard

Rheinmetall doubled its credit line to €1.5 billion on 8 October, up from €750 million.
Rheinmetall will publish Q3 2026 earnings on 5 November and hold a markets day in Hamburg 26-27 Nov.
UBS cut Rheinmetall’s price target to €1,360 from €1,600 maintaining a “Buy” rating.
Rheinmetall and MSC secured the Mangalia shipyard for €138 million to build four Romanian naval vessels.
Rheinmetall signed a non-binding deal with Norway’s Nel ASA to explore renewable synthetic fuel for defence.

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Rheinmetall Opens Gun Hall

Rheinmetall opened the UK Gun Hall in Telford, restoring large-calibre weapons production after a 20-year gap.
Breech production began in May 2026.
Barrel production started in June 2026.
At peak, the 11,500 m² facility can make up to 245 barrels and more than 50 breeches annually.
Rheinmetall has invested over £200 million to use Sheffield Forgemasters steel and support 100 skilled jobs.
The gun hall operates under the 2024 UK-Germany Trinity House Agreement, linking German expertise with a workforce for NATO security.

1 / 2