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The German-Lithuanian deal was announced last year. (YING TANG/NurPhoto via Getty Images)

Germany’s Rheinmetall eyes 2027 start date for Lithuanian ammo factory

An ammunition factory built by German defense giant Rheinmetall in Lithuania is expected to start production in 2027.

A general view of the Rheinmetall AG headquarters in Dusseldorf, Germany, on April 9, 2024. Photo by Ying Tang/NurPhoto via Getty Images

Top German defense firm quickly moves to open plants in Ukraine

Germany’s leading defense company, Rheinmetall, is swiftly moving to open new production plants in Ukraine as Kyiv struggles with a critical munitions shortage that hampers its fight against Russia.