Europe is strengthening its defense: Latvia will build a €12B ammunition factory, and Italy will buy hundreds of tanks and IFV for €20B.

By 2026, Latvia plans to build a factory to produce modular powder charges for artillery ammunition with a capacity of 50,000 charges per year. Construction and equipment purchase costs will amount to €12M, of which €1M will be co-financed by the EU. Purchasing raw materials to produce this…