Business

From Airplanes to Drones – The History of Lithuanian Defence Industry

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Share with your friendsLithuania’s defence industry traces its origins back to the interwar period when the country was establishing its sovereignty and building its military capabilities. In the 1930s, Lithuania focused on developing its military infrastructure and industries, including aviation.

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Northern European Defence Industry in Q1

Defence and Demand: Northern European Companies Capitalize on Global Military Expansion in Q1

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Share with your friendsThe beginning of the year has been promising for the Northern European defense industry, with increased sales and strong profits. German Rheinmetall, Norwegian Kongsberg, Swedish SAAB, and Finnish PATRIA have all reported excellent Q1 results. Only two

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Patria Strikes Deal for a Mighty Fleet: 321 Six-Wheeled Armoured Titans and Eight Navy Mortar System Bound for Sweden

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Share with your friendsSweden has inked a deal for a fleet of 321 advanced armored vehicles and eight innovative naval mortar systems from Finnish defense manufacturer Patria. Valued at roughly EUR 470 million, the armored vehicle procurement ranks among Sweden’s

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