Rheinmetall invests EUR 350 million to expand propellant output at Aschau site

Reuters2026/07/23 10:14

By:Reuters

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Rheinmetall will invest EUR 350 million to expand propellant production at its Aschau am Inn site, building one of Europe’s largest powder plants.
Capacity for artillery propellant components to rise to 2,500 additional tons of powder, over 1 million modular charge modules, over 5 million combustible parts.
Production ramp-up to start in 2027, with maximum output targeted for 2028; current output totals 1,700 tons of powder, 300,000 charge modules annually.
Headcount in Aschau to increase to about 1,300 from over 800, following roughly 80% growth since 2022.
Project supports a group target of 20,000 tons of propellant powder capacity by 2030, with Aschau expected to contribute 4,200 tons.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rheinmetall AG published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rheinmetall invests EUR 350 million to expand propellant output at Aschau site

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