Defence Finance Monitor

Defence Finance Monitor

Latvia’s State Defence Corporation (VAK): Centralising National Military Production and Fortifications

Dec 22, 2025
∙ Paid

In a strategic context of rising European defense needs and supply chain vulnerabilities, the Latvian State Defence Corporation (Valsts aizsardzības korporācija, VAK) represents a nascent state-owned enterprise established in November 2023 by the Latvian Ministry of Defence[1]. Its core mission is to consolidate and expand the national military producti…

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