Rheinmetall (RHMG.DE) said the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support has commissioned Rheinmetall ICEYE Space Solutions to supply the German armed forces with space-based reconnaissance data via exclusive access to a synthetic aperture radar satellite constellation. The contract runs from the end of 2025 to the end of 2030 with options to extend. The current contract is valued at approximately 1.7 billion euros gross.
The company said the scope of delivery includes a very high number of images per day, a service that will be provided by Rheinmetall ICEYE Space Solutions from its own sovereign constellation. Rheinmetall noted that it has partnered with ICEYE - a manufacturer and operator of synthetic aperture radar satellites - to establish Rheinmetall ICEYE Space Solutions.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.