The biggest military purchase in the history of the Lithuanian army will present plenty of opportunities to local entrepreneurs. After the Lithuanian government decided to open talks on acquiring almost one hundred German Boxer infantry fighting vehicles (IFVs), negotiators say they will try to secure maintenance contracts for Lithuanian companies as part of the deal.
© DELFI / Tomas Vinickas

The total value of the deal is estimated at €400 million, while additional spending on upkeep and maintenance of the Boxer IFVs could run into the millions, the business daily Verslo Žinios reports. Lithuanian officials hope this spending on maintenance may go to local subcontractors.

Experts said that once Lithuania reaches a deal with ARTEC GmbH, the German-Dutch manufacturer of the Boxer IFVs, the latter could either sign up Lithuanian subcontractors to service the vehicles or set up their own sister companies in Lithuania. The latter move would still mean employing a raft of local specialists.

Lithuania plans to purchase 88 German infantry fighting vehicles in total, of which 84 IFVs will be used for combat operations and the remaining four as command vehicles. The first vehicles are expected to reach the country in 2017, while the complete fleet of fighting vehicles should be delivered by 2019.

Police busted armed gang of 22 persons in international operation

Lithuania's police said on Wednesday it was involved in an international operation which led to...

Meilutyte retires from professional swimming

Lithuania's Olympic champion Ruta Meilutyte announced her decision on Wednesday to end her...

Former Estonian president shares his insights why US is behind in digital breakthrough


Colorful and always with a smile on his face. This is how many people remember a former Estonian...

Planes were too close during Marijampole incident but there was no real threat

Several planes got too close over Lithuania's southern city of Marijampole in April but there was no...

President: Lithuania is lucky to have 'worthy' candidates in runoff (1)

Lithuania is fortunate to have two "worthy" candidates competing with each other to be elected...