EU – Baltic States, Latvia, Markets and Companies, Security

It is planned that the remainder of the vehicles will be delivered to Latvia by the end of next April, LETA was informed by the Defense Ministry's press department.

Meanwhile, Defense Minister Artis Pabriks (For Development) said that the purchase of these CVRTs has been a successful one, therefore, it is being considered to buy additional vehicles to make them available to the Home Guard. The minister praised the technical features of the vehicles and stated that the fleet is planned to be increased by 80 units in the coming years.

Under the agreement signed in late 2014, the CVRTs will be delivered to Latvia in several batches between 2016 and 2020, and Latvia will also be purchasing Spike anti-tank missile systems to be installed on the CVRTs. The first CVTRs were delivered in fall 2015. Although the vehicles are not new, they will be renovated and upgraded before the delivery. 

The costs of the equipment, renovation, spare parts, ammunition and training of the Latvian personnel add up to EUR 209,606,945. Together with the required infrastructure upgrades, maintenance, training and personnel costs, total investments in the Latvian army mechanization project will be EUR 249,514,638.