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Lithuanian authority: Rheinmetall to infuse 180 million euros

Rheinmetall plans to invest over 180 million euros in establishing a new ammunition factory in a Baltic EU and NATO nation, as per the Lithuanian government. This information was shared by Economy and Innovation Minister Ausrine Armonaite following an agreement signing with the German arms...

The logo of the Rheinmetall armaments group can be seen on a Bundeswehr vehicle at the NATO...
The logo of the Rheinmetall armaments group can be seen on a Bundeswehr vehicle at the NATO exercise Quadriga 2024.

Weapons manufacturing field - Lithuanian authority: Rheinmetall to infuse 180 million euros

Armonaite mentioned the upcoming establishment of Rheinmetall as a significant move to fulfill Lithuania's urgent defense and security requirements: "This will assist us in maintaining a steady flow of vital weapons and ammunition." Besides, a full-time mechanized brigade of the Bundeswehr is set to be deployed in Lithuania.

Reports suggest that the site of the facility, recognized as a vital project in the Lithuanian-German NATO ally country, will be revealed soon. However, no details about the facility's groundbreaking have been disclosed.

In mid-March, Rheinmetall revealed their plans for building an artillery manufacturing plant in Lithuania. By mid-April, a memorandum of understanding was signed with the Lithuanian government. Shortly thereafter, the Lithuanian parliament approved changes to laws that speed up and streamline investments, including from weapons manufacturers.

Rheinmetall's CEO, Armin Papperger, expressed his gratitude for the longstanding partnership with Lithuania. "This collaboration further strengthens our position as a cornerstone for delivering both domestic and international security solutions."

Rheinmetall is already working in Lithuania, running a maintenance center alongside Krauss-Maffei Wegmann (KMW) since summer 2022. At this location, the combat vehicles of NATO troops in the region and the German-donated Leopard 2 combat tanks for Ukraine are kept in working condition.

Read also:

  1. The German Armed Forces' decision to deploy a full-time mechanized brigade in Lithuania signals the EU's commitment to collective defense, further enhancing regional security.
  2. In light of potential conflicts, the EU's defense industry, including Rheinmetall, is crucial in providing Lithuania with necessary defense equipment, as evidenced by the 180 million euro investment.
  3. The German defense company Rheinmetall's strategic placement of an artillery manufacturing plant in Vilnius, Lithuania, aligns with Germany's commitment to strengthening its NATO ally's defense capabilities.
  4. The CEO of Rheinmetall, Armin Papperger, emphasizes the company's ongoing partnership with Lithuania and the role of German companies like Rheinmetall in providing international security solutions.

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