“We’ve renewed our contract with the United States to buy additional Javelin anti-tank missiles and systems,” Defence Minister Juozas Olekas said on Tuesday.
“We want to equip the Lithuanian Armed Forces with these missiles and weaponry and will be spending approximately 8 million US dollars (€7.09 million) for that purpose. Missiles and systems should be delivered this year and next,” he added.
He refused to disclose the number of systems and missiles that would be procured by Lithuania, citing “security concerns”.
Lithuania has stepped up defence spending and military procurement in response to Russia’s actions in Ukraine and military activity in the Baltic Sea region.
This year, the Baltic country’s defence budget totals €575 million, or 1.48% of GDP, and next year, defence spending should increase by €150 million.
At the beginning of June, the European Central Bank announced a 25-basis point (0.25%) reduction…
They want to win the parliamentary elections but do not want to become Prime Ministers.…
Nida is an unforgettable corner of Lithuania, with a massive appeal for most Lithuanians (and…
In the first days of June in Vilnius, Sidaronių Street, beside one of the largest…
A truly unique event unfolded at the Lithuanian exhibition and Congress Centre LITEXPO on April…
The results of the second round of the presidential elections, which ended on Sunday, clearly…