A joint project by Lithuania’s defence technology company RSI Europe and Estonia’s Odin Defence, developed under the European Defence Industrial Strategy, has been selected for funding under the European Defence Industry Programme’s (EDIP) Industrial Reinforcement Actions, specifically the “Energetic Components” call for proposals. The project will receive EUR 29.5 million in EU funding. The Ministry of National Defence backed the proposal as it aligns with a priority area in developing the Lithuanian defence industry—specifically, boosting ammunition production capacity.
A total of 83 proposals were submitted by EU member states and Norway, with only 8 selected for funding. Together, these projects will receive up to EUR 168.2 million in financial support. The participation of a Lithuanian company advances the development of the national defence industry, enhances supply chain security, and boosts the production capacity needed to meet the defence needs of Lithuania and its Allies.
RSI Europe plans to develop the project in Panevėžys District. The investment will support creation of new jobs, attraction of qualified workforce, and advance the economic development of the region, and advance the economic development of the region, thereby enhancing the overall capability of Lithuania’s defence industry.
The Ministry of National Defence continues supporting the development of Lithuania’s defence industry and the participation of local companies in EU funding initiatives. These efforts help strengthen Europe’s industrial defence capabilities while meeting the long-term needs of both Lithuania and its Allies.
