The document was signed by Ingrīda Ķirse, a member of the board of SIA “Valsts aizsardzības korporācija” (State defence corporation) and Michael Humbek , CEO of the German company Dynamit Nobel Defence GmbH.
It is planned that the manufacturing plant could start operating in 2028, though it should also be stressed that what was signed on Thursday was a memorandum of understanding, not a binding contract at this stage.
Nevertheless, when the plan proceeds it will ensure a f...