Government to sign land lease, ammunition purchase deals with Rheinmetall on Friday

The Government on Friday will sign contracts for land lease and purchase of 155 mm ammunition with German arms maker Rheinmetall which plans to build a factory in Radviliškis district, northern Lithuania.

On Lithuania’s side, the signatories will be acting Prime Minister Ingrida Šimonytė, acting Minister of the Economy and Innovation Aušrinė Armonaitė and acting Minister of National Defence.The German armaments manufacturer will be represented by Roman Köhne, CEO of Rheinmetall Defence Lietuva.

The Ministry of the Economy and Innovation signed an agreement on Rheinmetall expansion in Lithuania in early June 2024. A site in Baisogala was allocated for the factory the same month.

Investments in the munitions plant are estimated to exceed EUR 180 million with more than 150 jobs created. The factory would manufacture thousands of artillery shells per year, a portion of which would be used for the needs of the Lithuanian Armed Forces.