The German arms concern Rheinmetall and two Lithuanian state-owned companies have signed an agreement to establish a joint venture. They will produce 155-millimeter artillery ammunition, LRT reports.

Lithuania and Rheinmetall have finalised relevant contracts to initiate the construction of a new production plant for 155mm artillery ammunition in Baisogala. The project represents a direct ...

Rheinmetall will take a 51% stake in Rheinmetall Defence Lietuva, which will build a new ammunition factory in Lithuania, as part of a partnership agreement, the German defence company said in ...

It is increasing capacity in Germany, the United Kingdom and Lithuania, ... Rheinmetall's (OTCPK:RNMBF) (OTCPK:RNMBY) order backlog now stands at €62.6 billion as of the end of March.

Rheinmetall and Lithuania are building an artillery ammunition plant in Baisogala to produce 155 mm rounds like these pictured at the company's facility in Unterlüss, Germany.

Anduril’s Fury was initially selected by the US Air Force for its Collaborative Combat Aircraft programme. The uncrewed aerial vehicle (UAV), known as YFQ-44A under USAF nomenclature, is currently ...

Lithuania is intensifying its efforts to deepen economic ties with South Korea, positioning itself both as a gateway to ...

A technician works on 155mm ammunition at a Rheinmetall facility in Germany on June 6, 2023. The arms manufacturer has signed a contract with Lithuania for the construction of a new artillery ammo ...

Rheinmetall is gaining from strong defense trends but remains a low-margin, asset-heavy firm with stretched valuation. ... Lithuania, and Ukraine, which should be completed next year.

German defense contractor Rheinmetall’s stock price has skyrocketed more than 1,000% since Russia invaded ... Rheinmetall has plants in the war-torn country along with Lithuania, Hungary, and ...

Rheinmetall has received a €21 million (US$21.4 million) contract for an order of tens of thousands of 155mm M107 artillery shells. The international buyer was not disclosed, but deliveries will begin ...

Rheinmetall is projecting sales in 2025 will grow as much as 40 percent, ... The company is a key supplier of arms to Ukraine and is building plants there and in countries like Lithuania, ...