Germany's missile stockpiles 'worryingly low', Rheinmetall CEO tells Euronews

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Published: 2026-09-17 • Permanent link

Reports are emerging that Germany's missile stockpiles have reached alarmingly low levels, sparking concerns over the country's defense capabilities. Rheinmetall CEO Armin Papperger expressed worryingly low stockpiles, emphasizing the need for accelerated production to meet growing demands. The company's warning comes as the German military faces increased pressure from Russia's ongoing aggression in Eastern Europe. As a result, the German government has been scrambling to bolster its defense infrastructure, with some analysts warning of a potentially catastrophic shortage of critical supplies.

The alarming state of Germany's missile stockpiles has sent shockwaves through the global defense industry, with investors and analysts scrambling to reassess the country's military preparedness. As the European Union's second-largest economy, Germany's defense sector plays a crucial role in the region's security. The stockpile shortage could have far-reaching consequences for the country's defense spending, potentially leading to increased costs and reduced competitiveness in the global market. Market analysts are already warning of a potential downturn in the defense sector, with some predicting a sharp decline in sales and revenue.

Since the end of World War II, Germany has invested heavily in its defense industry, establishing itself as a major player in the global arms market. Rheinmetall, in particular, has emerged as a leading manufacturer of advanced military systems, including missiles and artillery. However, the company's warning about low stockpiles highlights the challenges faced by German defense manufacturers in meeting growing demand. Experts point to a combination of factors, including increased tensions with Russia and a decline in defense spending over the past decade, as contributing to the shortage.

The German government is under pressure to address the crisis, with some calling for increased investment in the defense sector. As the country prepares for a potentially long and costly conflict, analysts are warning of the need for urgent action to bolster its defenses. The situation serves as a stark reminder of the complexities and challenges faced by European defense manufacturers, who must navigate a rapidly changing security landscape while meeting the demands of a growing and increasingly interconnected world.