Northrop Grumman Corporation (NYSE: NOC) and the Ministry of Defence and Ministry of Finance of the Republic of Lithuania signed a Memorandum of Understanding (MOU) formalizing their intention to expand co-production of medium-caliber ammunition.
Executive Perspectives:
Dovile Šakaliene, defence minister, Lithuania: “This MOU is essential for the development of the national division by 2030 and for strengthening the capabilities of the Lithuanian Armed Forces. It will enhance national strategic autonomy in defense and deepen partnerships with NATO allies the United States and Norway. The planned production of ammunition is of critical importance to the Lithuanian Armed Forces, our allies and Ukraine.”
Rimantas Šadžius, finance minister, Lithuania: “The investment and expertise of our allies in the USA and Norway in the implementation of this ammunition production project with Giraites Ginkluotes Gamykla (Giraite Armaments Plant) will significantly contribute to strengthening of the national defense industry and security not only in Lithuania, but also in the entire region, including Ukraine. The development of the defense industry and investment in production must come without delay.”
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Download free sample pages More informationLoreta Maskalioviene, vice minister of defence, Lithuania: “By strengthening our national defense industry, we are investing in both technological capabilities and Lithuania’s resilience to crises. This will allow us to better equip our armed forces and help Lithuania become an important link in international supply chains. It is a long-term investment in national and regional security that will yield results today and in the future.”
Steve O’Bryan, corporate vice president and global business development officer, Northrop Grumman: “This is another example of Northrop Grumman’s commitment to international defense partnerships that advance NATO capabilities. This collaboration both expedites delivery of a critical defense need and delivers sustained industrial benefits to the United States and Lithuania.”
Morten Brandtzæg, CEO, Nammo: “Nammo is delighted to be part of this initiative. Together with Lithuania and Northrop Grumman, we will work to strengthen and expand the industrial base and supply allied defense.”
Details:
For decades, Northrop Grumman’s innovations in ammunition have led to cutting-edge defenses. The company is a technology leader in the design, test and production of a complete family of medium caliber ammunition, delivering accurate and lethal in anti-armor, anti-material, ground suppression, air defense and shipboard-defense applications. This ammunition can be fired from land-, air- and sea-based platforms worldwide