Rheinmetall Sees Extended Boom Regardless of Ukraine Peace

Armin Papperger at the company's headquarters in Duesseldorf, Germany, on Dec. 5.

Photographer: Ben Kilb/Bloomberg

Rheinmetall AG Chief Executive Officer Armin Papperger said any peace deal in Ukraine won’t change the picture for future weapons demand, as Europe enters an extended period of rearming after decades of drawing down its defense capabilities.

“We see absolutely zero impact,” Papperger said in an interview with Bloomberg Television at German defense contractor’s headquarters in Dusseldorf.