Is the Bundeswehr ammunition deal positive for Hensoldt stock?

Yes. While ammunition revenue sits with Rheinmetall, more Puma vehicles in service and training cycles can lift demand for sensors, optronics, support, and upgrades. That supports Hensoldt’s backlog and multi‑year visibility. Execution still matters, so monitor order intake, margins, and cash conversion in upcoming results.

What key levels should I watch on Hensoldt?

Near term, the 50‑day moving average around €76.90 is initial support and the 200‑day near €85.80 is resistance. Price is close to the Bollinger upper band near €83, so consolidation would be normal. With ATR near 3.35, size positions carefully and use stops suited to your risk.

When is Hensoldt’s next earnings date?

Hensoldt is scheduled to report on 26 February 2026. We will look for updates on order intake linked to Puma programs, radar contracts, and export demand, plus margin progress and cash conversion. Guidance on 2026 capital allocation and working capital will also be important.

How does Rheinmetall’s order momentum affect Hensoldt?

Rheinmetall’s munitions and vehicle awards strengthen the Puma program’s continuity, which often drives follow‑on demand for sensors, optronics, and lifecycle support. This backdrop helps Hensoldt’s pipeline. However, both names trade at rich multiples, so results and cash flow will need to confirm the growth path.

Are German defense stocks still attractive after the rally?

The structural budget tailwind and multi‑year programs remain supportive. That said, valuations are elevated. Investors may prefer staged entries, focusing on order momentum, margin discipline, and cash conversion. Watch upcoming earnings, new framework announcements, and budget decisions for fresh signals before adding exposure.

Global Market Insights

HAG.DE Stock Today: January 9 – Defense Rally on Bundeswehr Ammo Deal

ByHuzaifa Zahoor January 9, 2026January 9, 2026

Hensoldt stock is in focus today as Germany expands its Puma 30mm ammunition framework with Rheinmetall toward about €1 billion. The Bundeswehr ammunition deal, plus December’s €4.2 billion order for 200 Puma IFVs, strengthens multi‑year procurement visibility and supports German defense stocks. We review how this Rheinmetall order wave can flow through to Hensoldt’s sensors and electronic warfare backlog, today’s key price levels, and what to watch into the next earnings update in late February.