State Defence Corporation

State Defence Corporation, LLC (SDC) (SIA “Valsts aizsardzības korporācija”) is a limited liability company whose aim is to support long-term development of national military industry in Latvia.

The overall strategic objective of SDC is to manage investments in the national defence industry and to coordinate processes related to the development of military production, ensuring the establishment of production facilities and production process, and contributing to the development of the national defence industry and the continuity of its supply chains.

SDC is structured as a holding company responsible to:

• provide integrated management of state defence industry investments and coordination of military production policies;

• implement and support implementation of European Union’s financial instruments through national and cross-border level cooperation, including equity investments into existing local military manufacturers that need capital injection to boost their production capacity;

• acquire interest in other commercial entities to ensure stockpiling of critical assets required to create, maintain and replenish the necessary reserves defined by the Ministry of Defence;

• provide indirect support to manufacturers/developers who create and integrate critical defence products, their parts and technologies.

State Defence Corporation is part of Latvia’s military ecosystem. It is fully owned by the Ministry of Defence.

State Defence Corporation, LLC (SIA “Valsts aizsardzības korporācija”) is currently led by interim board member Ingrīda Ķirse.

Cabinet of Ministers approved the establishment of State Defence Corporation, LLC (SIA “Valsts aizsardzības korporācija”) on 21 November 2023. Company was registered on 29 November 2023. Its registered capital is EUR 500,000.

For contact on cooperation:

Jānis Mūrnieks, Production Development Manager
E-mail: info@defencecorporation.lv
Phone: 371 22 403 108

Notice of an extraordinary meeting of the members of State Defence Corporation, LLC

State Defence Corporation, LLC informs that on July 18, 2024 at 9.00 at the Ministry of Defence of the Republic of Latvia (Kr. Valdemāra street 10/12, Riga) an extraordinary meeting of the members of State Defence Corporation, LLC will be convened to consider the following questions:

1. Approval of the 2024 Budget and Remuneration Policy of State Defence Corporation, LLC;
2. Increase in the share capital of State Defence Corporation, LLC;
3. Approval of the additions to the activities and strategic objective of the State Defence Corporation, LLC;
4. Approval of amendments to the statutes of State Defence Corporation, LLC;
5. Other questions.

Notice of an extraordinary meeting of the members of State Defence Corporation, LLC

State Defence Corporation, LLC informs that on June 13, 2024 at 12.00 at the Ministry of Defence of the Republic of Latvia (Kr. Valdemāra street 10/12, Riga) an extraordinary meeting of the members of State Defence Corporation, LLC will be convened to consider the following questions:

1. Future tasks of State Defence Corporation, LLC.
2. Other questions.