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CSG to participate in Latvian armed forces modernisation project worth hundreds of millions of euros

CSG NV said it will take part in a major modernisation project for the Latvian Armed Forces, involving Morana artillery systems and multiple rocket launcher systems, with total value in the hundreds of millions of euros.

CSG.AS

Sept 30 (Reuters) — CSG NV: Csg: To Participate In Major Modernisation Project For The Latvian Armed Forces Csg: Project Includes Morana Artillery Systems, Multiple Rocket Launcher Systems, With A Total Value In The Hundreds Of Millions Of Euros Csg: Project Is Based On Cooperation Between Czech, Slovak And Latvian Defence Industries; Financing Through European Security Action For Europe (Safe) Instrument Is Envisaged Csg: Some Of The Equipment Will Be Manufactured In The Czech Republic And Slovakia; Other Parts Of Project Expected To Involve Manufacturing And Final Assembly Directly In Latvia, Supported By Czech And Slovak Companies Source text:... com;)