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.
Armin Papperger, chief executive officer of Rheinmetall AG, during an interview at the company's headquarters in Duesseldorf, Germany, on Friday, Dec. 5, 2025. 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 in a Bloomberg Television interview.
The European Union must move urgently on tapping Russian frozen assets as a way to gain a seat at the negotiating table over peace in Ukraine, Lithuania’s top diplomat said.