Rheinmetall is further expanding its ammunition production capacity and is now planning to build a modern production facility for 155 mm calibre artillery ammunition in Latvia. In the presence of Latvian Prime Minister Evika Silia, a corresponding Memorandum of Understanding was signed today in Hamburg. The facility shall be operated by a joint venture between Rheinmetall Waffe Munition GmbH (51%) and the Latvian State Defence Corporation, LLC of Latvia (49%). The key points were documented in a memorandum of understanding, which was signed by representatives of both sides.
By establishing its own 155 mm ammunition production facility, Latvia is taking a further step towards strengthening its defence capabilities and expanding its independent defence sector. The produced ammunition is to