Deliveries are scheduled to take place primarily between 2025 and 2028. The total value of the procurement, excluding VAT, is approximately EUR 180 million.
“We have decided to place a significant order with a Finnish company. This order will not only give us high-quality ammunition, it will also strengthen Finland’s security of supply and boost the production capacity of our defence industry. It will also have significant regional employment effects,” said Minister of Defence Antti Häkkänen.
Nammo Lapua Oy is a strategic partner of the Finnish Defence Forces, with an agreement that includes a broad range of munitions, explosives, and related services. The deal highlights the importance of maintaining strong domestic defence capabilities amid changing security environments.
The procurement is expected to generate an estimated 410 person-years of employment in Finland.