Brief: CSG To Participate In Major Modernisation Project For The Latvian Armed Forces

CSG NV

30/09/2026 08:50

Sept 30 (Reuters) - CSG NV CSG.AS:
CSG: TO PARTICIPATE IN MAJOR MODERNISATION PROJECT FOR THE LATVIAN ARMED FORCES
CSG: PROJECT INCLUDES MORANA ARTILLERY SYSTEMS, MULTIPLE ROCKET LAUNCHER SYSTEMS, WITH A TOTAL VALUE IN THE HUNDREDS OF MILLIONS OF EUROS
CSG: PROJECT IS BASED ON COOPERATION BETWEEN CZECH, SLOVAK AND LATVIAN DEFENCE INDUSTRIES; FINANCING THROUGH EUROPEAN SECURITY ACTION FOR EUROPE (SAFE) INSTRUMENT IS ENVISAGED
CSG: SOME OF THE EQUIPMENT WILL BE MANUFACTURED IN THE CZECH REPUBLIC AND SLOVAKIA; OTHER PARTS OF PROJECT EXPECTED TO INVOLVE MANUFACTURING AND FINAL ASSEMBLY DIRECTLY IN LATVIA, SUPPORTED BY CZECH AND SLOVAK COMPANIES
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