-+ 0.00%
-+ 0.00%
-+ 0.00%
YIT Wins EUR30 Million Project to Build Leopard 2A8 Tank Plant in Lithuania
Share
Listen to the news
04:34 AM EDT, 07/27/2026 (MT Newswires) -- YIT (YIT.HE) secured a contract from UAB Lithuania Defence Services for a 30 million-euro project to build a Leopard 2A8 tank production and maintenance plant in Lithuania. The Finnish contractor, via YIT Lietuva, will specifically handle design and construction works through a design-build model, according to a Monday release. The plant, which will sit on an area of almost 10 hectares, will comprise the main production building and auxiliary-purpose structures. Construction work is expected to start in August 2026, with completion set for November 2027. UAB Lithuania Defense Services is a joint venture between German arms manufacturer Rheinmetall's (RHM.F) Rheinmetall Landsysteme and European defense company KNDS.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending