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 ...

Lithuania signed a protocol of intention with Germany's Rheinmetall on Tuesday to build an ammunition factory in the Baltic state, the country's government said on Tuesday.

MILAN — German defense contractor Rheinmetall is set to expand its footprint in the Baltic region with the construction of an artillery shell factory in Lithuania.

In November 2024, Rheinmetall launched the construction of a plant to make 155 mm artillery ammunition in Lithuania. Located in Baisogala, the factory is to commence operations in mid-2026.

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.

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.

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 ...

Construction work has begun on a new ammunition plant in Lithuania led by German company Rheinmetall, which will eventually be making tens of thousands of 155mm calibre artillery shells per year. The ...

Sep. 23, 2024 7:13 AM ET Rheinmetall AG (RNMBY) VILNIUS, Lithuania (AP) — Lithuania signed a deal with U.S. ammunition producer Northrop Grumman on Monday as it seeks to increase defense ...

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 ...