Lithuania to sign agreement with Rheinmettal for production of 155mm artillery shells.

Lithuania is set to sign agreements with Rheinmetall for the establishment of a 155 mm artillery munitions factory within its territory. These agreements are expected to be finalized in the next two weeks, marking a significant step in Lithuania's efforts to bolster its defense industry. Minister Armonaite highlighted the importance of these agreements, which demonstrate the government's proactive approach to facilitate the rapid implementation of defense projects.
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Lithuania is set to sign agreements with Rheinmetall for the establishment of a 155 mm artillery munitions factory within its territory (Picture source: Rheinmetall)

The agreement underscores Lithuania's commitment to enhancing its defense capabilities through strategic partnerships with established industrial players. However, Armonaite refrained from providing detailed information about the specifics of the agreement, citing ongoing negotiations. The government's goal remains to foster an environment conducive to the development of the defense industry while ensuring transparency and accountability in all commitments.

Additionally, Armonaite introduced legislative amendments aimed at streamlining the process for major Western arms and munitions producers, including Rheinmetall, to establish production facilities in Lithuania. These proposed amendments reflect Lithuania's proactive stance to attract foreign investments and foster a regulatory environment favorable to the expansion of the defense industry.

Parallel to the ongoing negotiations with the German company, Lithuania is expanding its discussions with defense industry firms from the United States, France, and other countries. This broadening of dialogue reflects the country's efforts to strengthen its defense capabilities and foster strategic partnerships across various sectors. The Minister of Economy and Innovation, Ausrine Armonaite, announced these developments, emphasizing the government's commitment to exploring various investment opportunities in the field of defense and security.

Ms. Armonaite revealed that discussions are underway with potential investors from the United States, France, and other countries known for their robust defense and security industries. These discussions aim to explore possibilities for collaboration and potential investments in Lithuania's defense infrastructure and production capabilities. Although the details of these discussions have not been disclosed, Ms. Armonaite stressed the importance of diversifying partnerships to enhance Lithuania's defense capabilities.

Defense News April 2024