Lithuania Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029

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Lithuania Defense Market Report Overview

The Lithuania defense budget was worth $2.1 billion in 2024 and will grow at a CAGR of more than 6% during 2025-2029. The budget will grow because of modernization commitments by the Lithuanian government and additional threats, including the conflict in Ukraine, have heightened the need for military spending. The Lithuanian military is pursuing several programs, including the acquisition of armored vehicles, M142 HIMARS, and Black Hawk helicopters to provide it with more modern capabilities.

Lithuania Defense Market Outlook, 2025-2029 ($ Million)

Lithuania Defense Market Outlook, 2025-2029 ($ Million)

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The Lithuania defense market research report provides the market size forecast and the projected growth rate for the next five years. Furthermore, our analysts have carried out a comprehensive industry analysis to determine key market drivers, emerging technology trends, key sectors, and major challenges faced by market participants, in this report. The Lithuania defense market study has also assessed key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

Market Size (2024) $2.1 billion
CAGR (2025-2029) >6%
Forecast Period 2025-2029
Historical Period 2020-2024
Key Drivers ·        Conflict in Ukraine

·        NATO

·        Modernization

·        Military mobility

Key Sectors ·        Military Land Vehicles

·        Missiles and Missile Defense Systems

·        Tactical Communication Systems

·        Artillery Systems

·        Military Rotorcraft

·        Others

Leading Companies ·        3photon Ltd

·        AB Giraites Ginkluotes Gamykla

·        Altechna UAB

·        BME Services

·        Brolis Semiconductors UAB

·        Eisiga UAB

·        Ekspla UAB

·        Others

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Lithuania Defense Market Drivers

The key factors driving Lithuania defense market growth are the conflict in Ukraine, NATO, modernization, and military mobility among others.

Conflict in Ukraine: The conflict in Ukraine will be a major driver for Lithuanian defense spending during the forecast period. Lithuania has long seen the potential threat from Russia as being a major driver of defense spending, to provide the armed forces with modern capabilities and ensure readiness in the case of armed aggression. Lithuania’s shared border with Belarus, which has been a staging post for attacks on Ukraine, creates a particular threat for Lithuania.

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Lithuania Military Doctrines and Defense Strategies

The key goal of Lithuania’s defense policy is to ensure that Lithuania can deter an armed attack and guarantee that Lithuania can maintain its territorial integrity. The Lithuanian armed forces aim to be constantly prepared for cooperation with allies and dealing with hybrid threats. The development of the armed forces has key priorities, including the development of ground combat capabilities, staffing, and improvement of military service, acquiring modern equipment, and infrastructure development.

Lithuania has concerns regarding Russia’s use of A2/AD to prevent reinforcements from reaching Lithuania in the event of an active conflict and has trained the armed forces to prioritize readiness to rapidly respond to a potential incursion.

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Lithuania Defense Market Segmentation by Sectors

The key sectors in the Lithuania defense market are military land vehicles, missiles and missile defense systems, tactical communication systems, artillery systems, and military rotorcraft, among others. The military land vehicles are forecast to be the largest sector in Lithuania’s defense market. Lithuania is procuring multiple platforms within this sector, including Oskosh’s JLTV, Ostara’s Krampus Mk1 ATVs, and ARTEC’s Vilkas IFVs.

Lithuania Defense Market Analysis by Sectors, 2024 (%)

Lithuania Defense Market Analysis by Sectors, 2024 (%)

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Lithuania Defense Market - Competitive Landscape

A few of the leading defense companies operating in the Lithuania are:

  • 3photon Ltd
  • AB Giraites Ginkluotes Gamykla
  • Altechna UAB
  • BME Services
  • Brolis Semiconductors UAB
  • Eisiga UAB
  • Ekspla UAB
  • Others

Lithuania Defense Market Analysis by Companies

Lithuania Defense Market Analysis by Companies

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Segments Covered in the Report

Lithuania Defense Market Sectors Outlook (Value, $ Million, 2020-2029)

  • Military Land Vehicles
  • Missiles and Missile Defense Systems
  • Tactical Communication Systems
  • Artillery Systems
  • Military Rotorcraft


This report offers a detailed analysis of the Lithuania defense market with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following:

  • Lithuania defense budget: Detailed analysis of Lithuania 2024 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
  • Regulation: The procurement policy and process is explained. This is coupled with an analysis of Lithuania military doctrine and strategy to provide a comprehensive overview of Lithuania’s military procurement regulation.
  • Security Environment: Political alliances and perceived security threats to United States are examined; there help to explain trends in spending and modernisation.
  • Import and Export Dynamics: Analysis of prevalent trends in the country’s imports and exports over the last five years.
  • Competitive landscape and strategic insights: Analysis of the competitive landscape of Lithuania defense industry.

Key Highlights

• Modernization of armed forces and Russia’s invasion of Ukraine to spur defense spending technology and rearmament

• Major ongoing procurement program include procurement of Vilkas IFV, UH-60M Black Hawks, and CAESAR New-Generation Mark II 155mm

Reasons to Buy

  • Determine prospective investment areas based on a detailed trend analysis of the Lithuania defense market over the next five years.
  • Get an in-depth understanding of the underlying factors driving demand for different defense and internal security segments in the Lithuania market and identify the opportunities offered.
  • Understand the market in terms of demand drivers, market trends, and the latest technological developments, among others.
  • Identify the major threats that are driving the Lithuania defense market providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channel resources by focusing on the ongoing programs that are being undertaken by the Lithuania government.
  • Make correct business decisions based on an in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis, wherever available.

3photon Ltd
Aalborg Shipyard
AB Giraites Ginkluotes Gamykla
,AERO Vodochody AEROSPACE a.s.
Airbus Helicopters SAS
Aircraft Industries AS
Alenia Aermacchi (Now Leonardo SpA)
Altechna UAB
AM General LLC
BME Services
Brolis Semiconductors UAB
Daimler AG
Eisiga UAB
Ekspla UAB
Elsis UAB
Expal Systems SL
FMC Corporation
United Defense (now BAE Systems)
Integrated Optics UAB
Jansvis UAB
Kazan Helicopters JSC/Ulan-Ude Aviation Plant
Krauss-Maffei Wegmann GmbH & Co KG
Rheinmetall MAN Military Vehicles (Rheinmetall AG) UAB
Lockheed Martin Corp
Mjellem & Karlsen Verft AS
Motovilikha Plants PJSC
NanoAvionika UAB
Oshkosh Defense LLC
Oy Sisu Auto Ab
Oy Tampella AB (now part of Patria Vammas Systems Oy)
Rheinmetall AG
Rock Island Arsenal
Sikorsky Aircraft Corp
State Factories
Toyota Tsusho Corp
UAB NanoAvionika
Yarrow Shipbuilders Limited (BAE Systems Plc)
ZTS Martin AS
3photon Ltd

Table of Contents

  • 1. Executive Summary
  • 2. Defense Budget Assessment

    • 2.1. Budgeting Process
    • 2.2. Defense Market Size Historic And Forecast
    • 2.3. Drivers Of Defense Expenditure
    • 2.4. Analysis of Defense Expenditure Allocation
    • 2.5. Analysis Of Defense Budget Allocation
    • 2.6. Key Market Trends and Insights

  • 3. Military Doctrine And Security Environment

    • 3.1. Military Doctrine And Strategy
    • 3.2. Strategic Alliances and Geopolitics
    • 3.3. Political, Social and Economic Scenario

  • 4. Market Entry Strategy And Regulations

    • 4.1. Defense Procurement Bodies
    • 4.2. Funding Opportunities
    • 4.3. Trade Associations and Defense Clusters
    • 4.4. Types of Contracts and Opportunities
    • 4.5. Types of European Procurement Procedure
    • 4.6. Procurement Policy and Market Regulations
    • 4.7. Market Entry Routes
    • 4.8. Key Challenges
    • 4.9. Major Deals and M&A

  • 5. Market Attractiveness And Emerging Opportunities

    • 5.1. Market Attractiveness By Defense Sector
    • 5.2. Top Sectors in the Lithuania Defense Market
    • 5.3. Top Defense Segments By Value

  • 6. Defense Platforms Import Dynamics

    • 6.1. Defense Platforms Import and Export Dynamics

  • 7. Defense Platform Acquisitions

    • 7.1. Defense Platform Acquisitions By Value
    • 7.2. Vilkas Infantry Fighting Vehicles (Boxer)
    • 7.3. UH-60M Black Hawk
    • 7.4. Krampus Mk1 all-terrain Vehicle (ATV)

  • 8. Fleet Size

    • 8.1. Army
    • 8.2. Air Force
    • 8.3. Navy

  • 9. Competitive Landscape

    • 9.1. Defense Companies Operating In Lithuania
    • 9.2. Main Defense Companies

  • 10. Appendix
  • 11. About This Report
  • 12. About Us
  • 13. Contact Us

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