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Rheinmetall buys Bremen shipyard: Revolution in naval construction begins!
Rheinmetall is taking over Lürssen's military division to strengthen its naval presence by 2026. A multi-billion dollar deal!
Rheinmetall buys Bremen shipyard: Revolution in naval construction begins!
In a significant decision for the German defense industry, the country's largest defense company, Rheinmetall, has announced the acquisition of the military division Naval Vessels Lürssen (NVL) from the Bremen-based Lürssen Group. The deal, whose financial details are not disclosed, is expected to close in early 2026 after receiving approval from antitrust regulators. Mercury reports that NVL achieves an impressive annual turnover of one billion euros, while Rheinmetall generated 9.8 billion euros in the last financial year.
But what exactly is behind this takeover? With this step, Rheinmetall aims to establish itself as a new big player in naval shipbuilding and to significantly expand its product portfolio. NVL includes several major German shipyards, including the Peene shipyard in Wolgast as well as locations in Hamburg and Wilhelmshaven, and additionally has international operations in Bulgaria, Croatia, Egypt and Brunei. ZDF highlights that the integration of NVL Rheinmetall could also potentially bring synergies with its own tank division, which is based in Kiel and Flensburg.
A strategic purchase in a high-growth environment
A look at current political developments shows what the situation in the defense industry looks like. The Ukraine conflict has brought new focus to the issue of military defense. According to relevant reports, the German arms industry is not only of central importance for the Bundeswehr and its allies, but also contributes to the overall performance of Germany and Europe. Deutschland.de shows that Germany is now the fifth largest arms exporter in the world, which underlines the strategic importance of the industry.
Experts around the world are observing a clear trend: investments in maritime defense are continually increasing. For example, the undersea warfare market is forecast to grow annually from $15.68 billion in 2025 to $25.63 billion by 2032. Mercury points out that Rheinmetall is benefiting from these geopolitical changes, which is also reflected in an increase in its stock price of over 1,700 percent since the start of the Ukraine war.
Outlook for the future
With the takeover of NVL, Rheinmetall could not only increase its market shares in the maritime sector, but also change the structure of the German naval shipbuilding scene. The number of major players could be reduced from the current three to two, which would significantly strengthen Rheinmetall's market power in European competition. The defense industry in Germany is a dynamic sector that continues to play a strategically important role for national and international security.