Tag: Lithuanian Minister of the Economy and Innovation

Rheinmetall to build ammunition plant in Lithuania

The Lithuanian Minister of the Economy and Innovation, Aušrinė Armonaitė, has signed an agreement delineating the arrival of Rheinmetall, the German military industry giant, to Lithuania | Photo: Ministry of the Economy and Innovation of the Republic of Lithuania

Economy Minister Aušrinė Armonaitė said Rheinmetall would invest more than €180 million ($195 million) in the new plant, which is expected to produce 155-millimetre artillery shells. Rheinmetall is already active in Lithuania, operating a maintenance centre with defence company Krauss-Maffei Wegmann in the country since 2022. The facility maintains combat vehicles used by NATO combat units stationed in the region, as well as Leopard 2 battle tanks given by Germany to Ukraine.