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Rheinmetall and Lithuanian firms form joint venture to build artillery ammunition factory

Dec 31, 2024over 1 year ago

Contract Type

partnership

DüsseldorfManufacturing

Description

Germany’s defence giant Rheinmetall has solidified its partnership with Lithuania through a joint venture to establish a cutting-edge 155mm artillery ammunition production plant in Baisogala, representing a significant boost to Lithuania’s defence capabilities and economic development.

Company Information

Company

Rheinmetall

Location

Düsseldorf, North Rhine-Westphalia, Germany

About

Rheinmetall is a leading German technology group in the areas of mobility and security. With its businesses Defence and Automotive, Rheinmetall is one of the global leaders in military equipment, weapons and armaments. Rheinmetall's plant engineering portfolio includes designing and constructing specialized plants for chemical applications and ammunition production.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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