The aim of the study is to characterize the U.S. and Lithuanian defense cooperation from 1990–2020 including arms procurements. Findings suggest close defense cooperation between countries at Presidential, Congressional, and Defense Ministry/Secretary levels. The most developed cooperation areas are joint participation in international operations, improvements of the Lithuanian Armed Forces’ capabilities, and an increase of the U.S. military presence in the Baltic region. An analysis of Lithuanian defense procurements between 1990–2020 indicates that the majority of defense armaments were acquired from the U.S. using the Foreign Military Sales venue while other options to obtain armaments were not used.

When we talk about the Defence Industry (DI), arms transfers, and military expenditures we mostly refer to data accumulated by the Stockholm International Peace Research Institute (SIPRI). In the SIPRI Top 20 list of largest exporters of major arms for 2019, small states hold consecutive positions: Israel takes 8th place, Switzerland is 13th, and Sweden, Norway, and Belarus place 15th, 17th, and 20th respectively. The author analyses the Swiss DI case due to several reasons; its place in SIPRI Top, its sharp rise of Swiss arms exports in the recent year, its Swiss neutrality strategy, the country’s multilingual society, and its all-government approach to the arms industry, though still contributing to the limited scholarly studies on contemporary Swiss DI. This paper aims to explore Swiss DI and its strategies, to identify the country’s defence and security policy influence towards DI, and to discuss the Swiss DI stance and future perspectives in the context of the global arms trade. At the same time, this paper also highlights Swiss DI successes and failures that could be of significant use to other small states aiming to develop or enhance their relevant DIs.