Finland plans to double the production of artillery shells, focusing on strengthening his defense, the Minister of Defense of the Country, Samuli Kaykconen, said. It is stated that this strategic solution will increase the production capacity by more than two -thirds compared to the current level.
As part of this initiative, the government and industrial companies are going to invest a total of 120 million euros, of which approximately € 24 million will be allocated by the defense agency. In addition, they have pledged to long -term orders to ensure the viability of industrial investments, which is expected to be completed in 2026 and 2027.
On his page on the Twitter social network, Finnie Kaikkonen's Finnish Defense Minister wrote: “I have just signed a decision on a significant increase in ammunition in Finland. Finland strengthens its position of one of the leading European ammunition manufacturers.