National Defence Minister Laurynas Kasčiūnas has announced an increase in the Lithuanian defence budget by another EUR 20 million this year. The additional funds will be used to buy combat drones and unmanned reconnaissance aircraft.
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Lithuania together with Poland and two other European countries have applied for partial EU funding to procure Polish short-range man-portable air defence systems Piorun.
Lithuania is planning to withdraw from the Convention on Cluster Munitions and president’s chief national security adviser Kęstutis Budrys believes that acquisition of cluster munitions should be considered once this happens.
On Thursday, the Defence Fund package, which will increase the national defence spending to 3% of gross domestic product (GDP) for the period 2025-2030, prepared by the Ministry of Finance was approved by the Seimas. According to Finance Minister Gintarė Skaistė, the package consists of four parts: ...
On Thursday, parliament adopted legislation on the State Defence Fund, raising the corporate income tax and excise duties, and introducing a tax on some insurance contracts. Social Democratic leader Vilija Blinkevičiūtė notes that her party opposed higher excise duties.
On Thursday, 20 June, the Seimas adopted a law drafted by the Government on the creation of the State Defence Fund.
On 17 June, next Defence Attaché of the United States of America Lt Col Jesse Allgeyer was accredited to Lithuania at a ceremony at the Ministry of National Defence and his predecessor Lt Col Stephanie Baugh was farewelled after serving in the position for three years, said the Ministry of National ...
On Tuesday, the Seimas of Lithuania approved the proposal to extend the temporary bank solidarity contribution for one year. The fee on extra banking profits is hoped to generate EUR 60 million for defence needs.
On Tuesday, President of Lithuania Gitanas Nausėda is attending the Bucharest Nine summit in Riga, Latvia, where he stressed the importance of 3% of GDP defence spending amid an unstable geopolitical situation.
On Tuesday, a bill on the State Defence Fund drafted by the Government was presented in the Seimas. The draft law is aimed at establishing the State Defence Fund, defining its purpose, funding sources and usage, as well as fund management.
Taiwan is set to increase its defence budget amid tensions with China, Defence Minister Wellington Koo has said in the parliament, Radio Taiwan International reports.
On Monday, the Defence Fund package, which includes proposals to increase the national defence spending to 3% of gross domestic product (GDP) for the period 2025-2030, was approved by the Government. According to Minister of Finance Gintarė Skaistė, the proposed package consists of four parts: the e...
On Thursday, Bolide missiles were delivered for short-range Swedish-made air defence systems used by the Lithuanian Armed Forces.
Minister of National Defence Laurynas Kasčiūnas estimates that if the bank solidarity contribution, a levy on extra banking profits, is extended for one more year, it would enable Lithuania to procure an additional air defence system.
Minister of National Defence Laurynas Kasčiūnas and Prime Minister Ingrida Šimonytė on Friday in Kyviškės Aerodrome attended the Drone Day 2024, a defence industry event. The minister revealed that Lithuanian drone manufacturers in several months are expected to completely phase out Chinese componen...
Labour Party’s leader Andrius Mazuronis objects to the Government’s proposal of raising excise duties in order to increase defence spending. He argues that progressive measures were not put forward and thus the lowest-income earners would be affected the most.
Retired US General Ben Hodges, despite his official retirement, remains deeply involved in NATO logistics and advising on security matters in Eastern Europe. In an exclusive interview with DELFI, he emphasizes the crucial role of Finland and Sweden's NATO membership in bolstering the alliance's defe...
Finance Minister Gintarė Skaistė on Tuesday publicly presented the Defence Fund package, which includes proposals to increase the national defence spending to 3% of gross domestic product (GDP) for the period 2025-2030, the ministry said in a detailed press release.
Vilija Blinkevičiūtė, leader of the Social Democratic Party, believes that National Defence Minister Laurynas Kasčiūnas is late with his suggestion to extend the bank solidarity levy. According to her, both the Social Democrats and the presidency had previously suggested a longer period for applying...
More than 3,200 Lithuanian nationals have registered with military commandant’s offices in the first two weeks since the call was opened, says National Defence Minister Laurynas Kasčiūnas.
