Lithuania invests $21 million in Ukraine's arms industry, agrees to joint production

Український мілітарний портал

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Lithuania to produce “strategic weapons” in cooperation with Ukraine

Lithuania and Ukraine have reached a preliminary agreement on developing joint production of “strategic weapons” in Lithuania

The Kyiv Independent

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Lithuania invests $21 million in Ukraine's arms industry, agrees to joint production

Lithuania has already invested 20 million euros ($21 million) in purchasing weapons for Kyiv from Ukrainian producers and will produce arms in cooperation with Ukraine, the Lithuanian Defense Ministry said on March 1.Ukraine said it aims to raise over $1 billion in defense support this year under the so-called Danish model, which entails foreign partners purchasing weapons and equipment for Kyiv directly from Ukrainian manufacturers."The Ukraini…

Lietuvos Radijas ir Televizija

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According to the Ministry of National Defense, during a meeting held last week in Kyiv, representatives of Lithuania and Ukraine reached a strategic agreement on the development of the Ukrainian defense industry in Lithuania.

uatv.ua

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Lithuania allocates EUR 20M for weapons procurement from Ukraine's defense industry

Lithuania has invested EUR 20 million in Ukraine's defense industry and aims to establish joint weapons production with Ukraine. Lithuania's National Defense Ministry said this in a statement, Ukrinform reports, citing LRT. Vilnius and Kyiv will collaborate on the production of strategic weapons systems in Lithuania, the statement said. "The Ukrainian defense industry has incredible potential to become a global player due to its high level of ex…

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Lithuanians were almost evenly divided on the government's plans to increase military spending to 5-6% of GDP.

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Lithuania is investing €20M in Ukraine's defense industry, and a Norwegian missile manufacturer will launch a joint venture in Ukraine.

Lithuania is dedicating €20M to developing the Ukrainian defense sector and has initiated the establishment of joint weapon production facilities. The Lithuanian Ministry of Defense announced plans to maintain active support for Ukraine by investing in its defense industry, which has tremendous potential to emerge as a world-class player due to its high level of expertise obtained through direct combat experience. Norwegian Kongsberg Defence & A…