Lithuania signs a deal with a US defense company on ammo production

Date:

Share post:


VILNIUS, Lithuania — Lithuania signed a deal with U.S. ammunition producer Northrop Grumman on Monday as it seeks to increase defense capabilities in the shadow of Russia’s war in Ukraine.

Prime Minister Ingrida Simonyte and Steve O’Bryan, the company’s vice president, met in the Lithuanian capital of Vilnius to formalize the agreement on the development, production and supply of medium-caliber ammunition in the southernmost Baltic country.

Simonyte told reporters after the signing ceremony that the project “will create clear value for Lithuania and for our region as a whole.”

Lithuania, which borders Russia’s Kaliningrad exclave to the west and Belarus to the east, remains the largest buyer of U.S. arms among the three Baltic states with more than 1.3 billion euro ($1.4 billion) worth of acquisitions in the near future, according to the Defense Ministry. Northrop Grumman is a leading producer of 30mm ammunition.

The government in Vilnius in June signed an agreement with Rheinmetall, the German arms manufacturer, to build a 155mm mortar shell plant in Lithuania. The 180 million euros ($195 million) project is expected to create more than 150 jobs and produce tens of thousands of rounds annually.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

White House says Trump tariffs on Canada, Mexico and China will come Saturday. No word on exemptions

WASHINGTON -- President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico...

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and...

Boats return to the Potomac River for DC plane crash recovery and investigation

ARLINGTON, Va. -- Police boats combed the banks of the Potomac River on Friday morning, moving slowly...

Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts

Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its...

U.S. inflation ticked higher last month, in latest sign of persistent price pressures

WASHINGTON -- An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest...

Exxon Mobil's strong fourth quarter fueled by rising production

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the...

From avocados to autos, Trump tariffs on Canada and Mexico could hit close to home

WASHINGTON -- The 25% tax that President Donald Trump plans to slap on imports from Canada and...

Norway stops a ship suspected of involvement in damage to a Baltic Sea cable

OSLO, Norway -- A Norwegian-owned and Russian-crewed ship that authorities suspect may have been involved in damage...