On Monday, the Lithuanian government signed a memorandum of understanding with US defence giant Northrop Grumman regarding cooperation in strengthening Lithuania’s defence industry.
Report informs citing the Lithuanian media that the memorandum will consolidate a common vision to strengthen the capabilities of the Lithuanian defence industry, focusing on the development, production, and supply of medium-calibre ammunition.
The memorandum was signed by Lithuanian Defence Minister Laurynas Kasčiūnas, Finance Minister Gintarė Skaistė and Northrop Grumman Vice President Stephen O’Bryan.
“This partnership is another very important step in the development of Lithuania’s defence industry and, consequently, in the strengthening of the defence capabilities not only of our country but also of all democracies,” Prime Minister Ingrida Šimonytė said before the signing.
Kasčiūnas says the plan is to agree on all the details by the end of the year, sign a contract and then start ammunition production in Lithuania within 18 months.