Car exploded in Russia: drone factory manager’s life hangs by a thread
Russian state media reported on Wednesday that Vladimir Tkachuk, the CEO of a drone factory, was seriously injured in a car explosion.
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Taurimas Valys discussed investment opportunities in Lithuania with an Israeli defense company
Finance Minister Taurimas Valys discussed investment opportunities in Lithuania’s defense industry and cooperation with representatives of the Israeli defense technology company “Elbit Systems”…
Baltic startups aim to deter Russia on NATO’s eastern flank
When Russia invaded Ukraine, Rapolas Markevičius was managing a private equity fund in Lithuania. After five and a half years, his newly founded startup “Pdkinematics” is developing precision…
Zelenskis: Russia wants to produce more ballistic missiles
Russia is trying to increase the production of ballistic missiles, while Western countries have not yet imposed sanctions on many companies manufacturing components for its weapons, Ukrainian officials said on Sunday…
Ukraine is silent:: Head of drone design and manufacturing company injured in Russia
In Russia, during a shooting on Wednesday night, the director and founder of a drone development and manufacturing company was injured, and prosecutors called the incident an attempt on life.
„Rheinmetall“ announced record profits, share price soared
German defense industry giant Rheinmetall announced on Wednesday that it received record operating profit in the second quarter, as rapidly growing military equipment…
In Russia – assassination attempt: 3 shots fired at the head of a drone manufacturing company
In the city of Tula, Russia, an unknown person attempted to kill a local businessman whose company is engaged in drone manufacturing, the Russian Investigative Committee reported.
Five Lithuanian companies – nearly 9 million euros for defense technology projects
The Ministry of Economy and Innovation has allocated 8.88 million euros to projects for the development and production of defense and security technologies by five Lithuanian companies under a new EU instrument.
American “Mach Industries” demonstrated Viper, strengthening allies’ defensive readiness
„Mach Industries“, one of the leading US developers and manufacturers of advanced unmanned systems for modern defense, participated in the Lithuanian Armed Forces Rūdninkai military…
Ukrainian court detained the organizer of the weapons exhibition attacked by Russia for pre-trial detention
The Ukrainian court on Monday detained the organizer of the weapons exhibition, which was struck by Russia, for pre-trial detention.