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Latvia and Rheinmetall Launch €275M Artillery Plant by 2027

9/27/2025

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Summary

Story summary

Latvia's State Defense Corporation and Rheinmetall signed a memorandum to build a 155mm artillery ammunition factory in Latvia with €275 million investment.
The plant will be operated by a joint venture, Rheinmetall 51% and Latvian corporation 49%.
Construction starts spring 2026; production begins 2027; at least 150 jobs; Prime Minister Evika Silina says this project strengthens Latvia's defense and growth.

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Story summary

Latvia's State Defense Corporation and Rheinmetall signed a memorandum to build a 155mm artillery ammunition factory in Latvia with €275 million investment.
The plant will be operated by a joint venture, Rheinmetall 51% and Latvian corporation 49%.
Construction starts spring 2026; production begins 2027; at least 150 jobs; Prime Minister Evika Silina says this project strengthens Latvia's defense and growth.