Latvian Mod Signs EUR108 M Contract for Acquisition of SPIKE Missiles



The Latvian MOD signed on Monday (February 12th ) a contract in the amount of 108 million Euros, with EuroSpike GmbH, for production and delivery of a variety of Spike Family Missiles. The Spike Family consists of 4th and 5th generation electro-optical missile systems, providing high precision and high lethality against various targets, including advanced MBTs. The SPIKE system was developed by Israeli company Rafael Advanced Defense Systems Ltd., which is also involved in the deal as a Read More