US EditionLithuania ‘in talks’ with Germany’s Rheinmetall on second investment – president’s office
- On Tuesday, Rheinmetall and Lithuanian partners began construction on a new ammunition factory in northern Lithuania, marked by a formal groundbreaking ceremony near Radviliškis district.
- Deividas Matulionis said such deals need sufficient `political will` and government funding, while rising support for Europe's defence sector and Lithuania's environment attract manufacturers.
- Valued at between 260 million and 300 million euros, the project is developed jointly by Rheinmetall, Epso-G Invest, and Giraitės Ginkluotės Gamykla; Matulionis called it one of the largest defence investments in Europe.
- The factory will sit on a 340-hectare site in Kemėrai village, about six kilometres from Baisogala, producing tens of thousands of 155 mm artillery shells annually with completion by the end of 2026.
- Rheinmetall is discussing a possible second investment in the near future, while talks with US and Scandinavian military industry companies have begun about projects in Lithuania.
19 Articles
19 Articles
Hardly any other company benefits as much from the Russian attack on Ukraine as Rheinmetall. At the groundbreaking ceremony in Lithuania for a new ammunition plant, Group boss Pappberger announces the next deal and also plans a drone factory.
Rheinmetall Nears Multi-Billion Euro Ammunition Deal, CEO Says
German defense company Rheinmetall is finalizing a major ammunitions supply contract worth potentially several billion euros, according to CEO Armin Papperger. This announcement came during a ceremony for a new ammunitions factory in Lithuania. He noted that Rheinmetall is also negotiating with the German government on a satellite system delivery. Germany aims to increase its […] The post Rheinmetall Nears Multi-Billion Euro Ammunition Deal, CEO…
Rheinmetall is planning a plant for heavy artillery in Lithuania. The armaments company wants to put 300 million euros in the plant on the NATO eastern flank, the operation is scheduled to start in 2026.[more]]>
Rheinmetall’s $345M Lithuania Megaplant: NATO’s New Arsenal on Russia’s Border
Rheinmetall AG has broken ground on a major ammunition plant in Baisogala, Lithuania, marking the largest defense investment in the country’s history and significantly boosting NATO’s production capacity on its eastern flank, Bloomberg reported on November 4. The German defense giant plans to produce 155-millimeter artillery shells at the 340-hectare site, which is set to begin operations by mid-2026. Initially, the plant will produce 35,000 she…
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