This follows ongoing historical growth, with the defence budget registering a positive compound annual growth rate of 8.6% between 20.Īerospace and Defence analyst at GlobalData, James Marquess, pointed out that “up until now had not been operating MBTs at all. GlobalData projects the nation’s defence spending to grow to $2.2bn in 2027, from $1.6bn in 2022. This is a reasonable strategy and force structure given Lithuania’s relatively small economy.įrom this perspective, Lithuania’s Leopard 2 procurement tells us that its contribution to Nato security has grown significantly. Germany recently deployed 4,000 troops to Lithuania, which demonstrates the nation’s reliance on Nato. The country has naturally been reliant on its Nato partners. The country’s Ministry for National Defence (MoND) has lately received more Joint Light Tactical Vehicles under a deal for 500 units and medium range National Advanced Surface-to-Air Missile Systems in a $10.7m deal. Lithuania’s decision to add a main battle tank fleet to its armed force for the first time will help to secure Nato’s eastern flank.Īlone, Lithuania’s military maintained security with minimal effect: GlobalData intelligence tell us its land-based fleet comprised 20 multi-purpose Humvee units and 551 armoured personnel carriers (procured within the last two decades). What is significant about Lithuania’s Leopard 2 procurement?
Its main features include a modular protection kit, improved sustainability and increased mobility. GlobalData forecasts global spending on the Leopard 2A7 to grow from $96m (€87.3m) to $146m (€132.8m) in the next decade. The German Army successfully tested and qualified the MBT, which later became widely adopted across Europe. In June 2010, KMW unveiled its Leopard 2A7+.
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