Particle.news
Download on the App Store
8 ARTICLES
·
1h ago

Rheinmetall and Latvia Agree on €275 Million 155mm Shell Plant Joint Venture

The project still requires government and regulatory sign-offs.

Im neu eröffneten Artilleriewerk von Rheinmetall in Niedersachsen kann man heute schon sehen, wie auch die Produktion in Lettland aussehen könnte
Evika Siliņa, lettische Ministerpräsidentin, und Armin Papperger, Vorstandsvorsitzender der Rheinmetall AG haben den Bau einer Munitionsfabrik vereinbart
155-Millimeter Artilleriemunition von Rheinmetall.

Overview

  • Rheinmetall and Latvia’s state defence corporation signed a memorandum of understanding in Hamburg to pursue a 155mm artillery ammunition factory in Latvia.
  • The facility would be run by a joint venture owned 51% by Rheinmetall Waffe Munition GmbH and 49% by the Latvian State Defence Corporation.
  • Planned investment amounts to about €275 million, with construction targeted for spring 2026 and production expected roughly a year after.
  • Capacity estimates differ across reports, with Rheinmetall citing 60,000–80,000 shells annually while others report lower figures, and about 150 jobs are planned.
  • Leaders describe the plant as strengthening NATO’s eastern flank and securing ammunition supply for allies and Ukraine as part of Rheinmetall’s wider European expansion.