In 2018, Latvian government plans to invest €234 million in defence procurement. Most of the funding will be spent on acquisition of military vehicles, ammunition, weapons and personal equipment. 

28% of funding available for procurement of equipment will be invested in military vehicles, 15% will be used to purchase ammunition, 13% will be spent on weapons and 8% - on personal equipment. 

2018 defence procurement funding consists of long-term liabilities under the existing procurement contracts and funding for purchase of equipment under contracts which will be signed this year. 70% of allocated funding will be spent on implementation of existing contracts. 

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