Lithuania signed a memorandum of understanding with Germany’s Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) to establish domestic production of artillery propellants, the defense manufacturer said Tuesday.
In any future conflict with Russia, NATO will face an acute artillery shortage—as demonstrated in Ukraine, where Western production has been insufficient to meet Kyiv’s battlefield needs. European ...
Lithuania is rapidly improving the capabilities of its army through enlarged formations and a new generation of equipment backed up by deployed formations from other NATO nations and an increased ...
Rheinmetall has launched construction on a large-scale ammunition factory in Baisogala, Lithuania, set to produce tens of thousands of 155mm artillery shells. The €300 million project, spanning 340 ...
Order backlog grows to 64 billion euros Army programmes to provide fourth-quarter boost, says CEO News promised at Capital Markets Day later this month BERLIN, Nov 6 (Reuters) - German arms ...
German firm guides for 2030 sales of 50 billion euros New organisation adds naval, air defence segments Rheinmetall biggest DAX gainer after news BERLIN, Nov 18 (Reuters) - Rheinmetall (RHMG.DE), ...
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