“At the time of geopolitical changes and real-life threats, all Western countries, including Lithuania, are increasing their defence budgets and taking steps to upgrade their militaries. Modern, quick and effective armed forces have become a priority for all NATO member states. That brings technological edge to the forefront. We need to encourage representatives of armed services and innovative businesses to come together in joint defence industry projects. I wish you to avail of all networking opportunities, establish partnerships and transform your ideas into reality,” said Minister A. Anušauskas in a welcome address.
According to Minister, regular stakeholder meetings at the Baltic Miltech Summit events could foster innovation in cutting-edge defence technology, create dynamic business opportunities and promote development of regional defence technology ecosystem.
Baltic Miltech Summit 2023 in Vilnius is attended by over 600 representatives of Lithuanian and foreign defence sector companies, investment funds, scientific research centers, tech start-ups and innovation companies. They join with representatives of the Ministry of National Defence and the Lithuanian Armed Forces to discuss global trends of military technology development and fostering of defence ecosystem, as well as the current directions of innovation and accessing technology development and supply chains.
Participants of the event have the opportunity to learn not only about innovations but also about economic and defence solutions emerged in the course of the war in Ukraine and their effect on defence-related ecosystems.
The Lithuanian Riflemen’s Unit and the National Defence Foundation held an international Live Firing Show 2023 on April 26 as part of the event which invited representatives of defence industry from different countries to test different weaponry and equipment in field conditions.
