Lithuania is accelerating new partnerships with industry heavyweights as it joins an emerging network of European arms-makers.
Lithuania signed an investment agreement worth nearly $200m with Rheinmetall, a German arms company on June 3 for an ammunition plant to produce “tens of thousands of rounds” of NATO-standard 155mm artillery shells annually.
With countries scrambling to increase production for Ukraine and fill their own emptying stocks, it was good news for Vilnius, NATO, and Kyiv.
The project was given the status of “state importance”,…