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  <title>Eurotrack: Defence</title>
  <subtitle>All entries in the Defence sector, newest first.</subtitle>
  <link href="https://eurotrack.ai/en/sectors/defence/"/>
  <link rel="self" href="https://eurotrack.ai/en/sectors/defence/feed.xml"/>
  <id>tag:eurotrack.ai,2026:en:en/sectors/defence</id>
  <updated>2026-10-23T06:00:00Z</updated>
  <author><name>Eurotrack</name></author>
  <entry>
    <title>🏭 Rheinmetall ammunition plant in Lithuania gets environmental approval (Lithuania)</title>
    <link href="https://eurotrack.ai/en/developments/978f21a3-rheinmetall-ammunition-plant-in-lithuania-gets/"/>
    <id>tag:eurotrack.ai,2026:978f21a3:en</id>
    <updated>2026-10-23T06:00:00Z</updated>
    <summary>Lithuania's Environmental Protection Agency has approved the environmental impact assessment for the ammunition factory being built in Radviliškis district and found no significant environmental impact. The plant is to produce up to 75,000 155 mm artillery shells a year; buildings and structures cover 3.5 of 340 ha, with shell filling, assembly, component manufacturing and ammunition bunkers among the planned facilities. Rheinmetall holds 51% of the joint venture, state-owned Epso-G Invest 48%; the source gives neither investment amount nor job numbers (LRT English, 23 Oct 2026). — Source: https://www.lrt.lt/en/news-in-english/19/3091313/lithuania-s-environment-agency-greenlights-rheinmetall-ammo-factory</summary>
  </entry>
  <entry>
    <title>🤝 PartnerTech to acquire Swedish firm Microprecision (Norway / Sweden)</title>
    <link href="https://eurotrack.ai/en/developments/a6099c7f-partnertech-to-acquire-swedish-firm-microprecision/"/>
    <id>tag:eurotrack.ai,2026:a6099c7f:en</id>
    <updated>2026-10-22T06:00:00Z</updated>
    <summary>PartnerTech, a subsidiary of Norway's Fjord Defence Group, is acquiring Swedish precision manufacturer Microprecision for the defence sector, mainly ammunition components; the company had 2025 revenue of SEK 102m. Its 44 employees move with the business and the enterprise value is SEK 23m. Closing is expected in the fourth quarter of 2026, subject to approvals for the manufacturing permit and foreign investment (Fjord Defence Group, stock exchange notice, 22 Oct 2026). — Source: https://newsweb.oslobors.no/message/684573</summary>
  </entry>
  <entry>
    <title>🤝 Rheinmetall and MSC win auction for Mangalia shipyard (Romania / Germany / Switzerland)</title>
    <link href="https://eurotrack.ai/en/developments/62155698-rheinmetall-and-msc-win-auction-for-mangalia-shipyard/"/>
    <id>tag:eurotrack.ai,2026:62155698:en</id>
    <updated>2026-10-19T06:00:00Z</updated>
    <summary>Rheinmetall and the Swiss shipping group MSC won the auction and pay the price jointly; closing is due in a few weeks. The yard is to become a dual-use site for civil and military shipbuilding and the basis for four ships for the Romanian government (two 96 m patrol vessels, two 43 m diving support vessels). The release does not state the split of shares (Rheinmetall, 19 Oct 2026). — Source: https://www.rheinmetall.com/en/media/news-watch/news/2026/10/2026-10-19-rheinmetall-acquires-the-mangalia-shipyard-in-romania</summary>
  </entry>
  <entry>
    <title>🏭 Kongsberg to build counter-drone systems plant in Pomerania (Poland)</title>
    <link href="https://eurotrack.ai/en/developments/aa24ab40-kongsberg-to-build-counter-drone-systems-plant-in-pomerania/"/>
    <id>tag:eurotrack.ai,2026:aa24ab40:en</id>
    <updated>2026-10-12T06:00:00Z</updated>
    <summary>Norwegian defence and technology group Kongsberg plans to invest more than PLN 200m in a counter-drone systems plant in Pomerania, creating about 100 jobs. Poland's defence minister and Kongsberg CEO Eirik Lie presented the plan at the Warsaw Security Forum on 12 October 2026; the plant is to join the group's global production network and supply Poland as well as future customers in Europe (Puls Biznesu, 12 Oct 2026; Bankier.pl, 12 Oct 2026). — Sources: https://www.pb.pl/norweski-kongsberg-zainwestuje-ponad-200-mln-zl-w-polska-fabryke-systemow-antydronowych-1268726 · https://www.bankier.pl/wiadomosc/Norweski-gigant-zainwestuje-ponad-200-mln-zl-w-Polsce-Powstanie-fabryka-systemow-antydronowych-9211480.html</summary>
  </entry>
  <entry>
    <title>🏭 Arsenal opens new nitrocellulose plant in Kazanlak (Bulgaria)</title>
    <link href="https://eurotrack.ai/en/developments/7c274fb9-arsenal-opens-new-nitrocellulose-plant-in-kazanlak/"/>
    <id>tag:eurotrack.ai,2026:7c274fb9:en</id>
    <updated>2026-10-08T06:00:00Z</updated>
    <summary>Bulgarian arms and firearms maker Arsenal opened a new nitrocellulose production plant in Kazanlak on 8 October 2026, attended by members of the government and the head of state, among others. It is part of a larger investment programme to expand capacity and the product range, whose total volume exceeds €300m according to the ministry; the report gives no separate figures for the plant or for new jobs (BTA, 9 Oct 2026). — Source: https://www.bta.bg/en/news/economy/1220969-bulgarian-defence-industry-takes-step-forward-with-new-nitrocellulose-plant-at-arsenal-deputy-prime-minister-says</summary>
  </entry>
  <entry>
    <title>🤝 Rheinmetall agrees with Alstom to take over Kassel locomotive plant (Germany / France)</title>
    <link href="https://eurotrack.ai/en/developments/a54a8735-rheinmetall-agrees-with-alstom-to-take-over-kassel/"/>
    <id>tag:eurotrack.ai,2026:a54a8735:en</id>
    <updated>2026-10-06T06:00:00Z</updated>
    <summary>On 06.10.2026 Alstom and Rheinmetall confirmed an agreement in principle on the future of Alstom's Kassel plant: Rheinmetall intends to take over the halls and site, and the employees are to be able to work for Rheinmetall Landsysteme at the location in future. This is likely to end locomotive building in Kassel after more than 175 years; around 750 Alstom employees are affected, who had demonstrated against the sale plans the previous week. Contract details are still being negotiated and no price is known; Rheinmetall's neighbouring plant builds tanks and is set to grow as part of the Defence Hub Nordhessen (id 014d3630) (hessenschau, 06.10.2026). — Source: https://www.hessenschau.de/wirtschaft/rheinmetall-uebernimmt-lok-werk-von-alstom-in-kassel-v2,alstom-rheinmetall-100.html</summary>
  </entry>
  <entry>
    <title>🏭 Covenant opens cruise missile plant in Leipzig (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/35f082a3-covenant-opens-cruise-missile-plant-in-leipzig/"/>
    <id>tag:eurotrack.ai,2026:35f082a3:en</id>
    <updated>2026-10-05T06:00:00Z</updated>
    <summary>US defence company Covenant, founded in 2024, opened a production site in Leipzig on 05.10.2026 where it plans to build the Anthem cruise missile from 2027: 1,000 units in the first year and 5,000 in 2028. Up to 250 people are to work in production, and Leipzig is to become the company's largest site worldwide; state secretary Johannes Steiniger of the Federal Ministry for Economic Affairs put the investment at around €250m. Before production can start, the authorities still have to approve converting the former warehouse into a production hall; first reports of the plans emerged from 30.08.2026 (dpa/t-online, 05.10.2026; second source: dpa-AFX, 05.10.2026). — Sources: https://t-online.de/nachrichten/deutschland/militaer-verteidigung/id_101467386/leipzig-us-waffenfirma-covenant-eroeffnet-werk-und-nennt-details.html · https://www.ad-hoc-news.de/boerse/news/ueberblick/roundup-us-ruestungsunternehmen-oeffnet-standort-in-leipzig/70234475</summary>
  </entry>
  <entry>
    <title>🏭 Baseyard to invest over €20m in defence site in Braga (Portugal)</title>
    <link href="https://eurotrack.ai/en/developments/dbcf9481-baseyard-to-invest-over-20m-in-defence-site-in-braga/"/>
    <id>tag:eurotrack.ai,2026:dbcf9481:en</id>
    <updated>2026-09-25T06:00:00Z</updated>
    <summary>Baseyard, a company founded by Latvian entrepreneur Olegs Jakovlevs, plans to build an industrial site for defence and dual-use technology in Braga, initially focusing on unmanned systems, electronics, communications, AI and detection systems. Operations are due to start in Q4 2026 with around 30 staff, growing to about 200 jobs by 2029; total investment is expected to exceed €20m, funded privately as well as through grants and support schemes (ECO, 25 Sep 2026). — Source: https://eco.sapo.pt/2026/09/25/nova-unidade-de-20-milhoes-quer-criar-polo-industrial-de-defesa-em-braga-e-vai-criar-200-empregos/</summary>
  </entry>
  <entry>
    <title>🏭 RSI Europe to invest up to €50m in defence plant near Panevėžys (Lithuania)</title>
    <link href="https://eurotrack.ai/en/developments/904ca557-rsi-europe-to-invest-up-to-50m-in-defence-plant-near/"/>
    <id>tag:eurotrack.ai,2026:904ca557:en</id>
    <updated>2026-09-17T06:00:00Z</updated>
    <summary>Lithuanian drone and defence maker RSI Europe has signed a large-scale investment project agreement with the Ministry of Economy and Innovation: up to €50m will go into a new plant for defence systems, including attack and FPV drones, on a site of about 125 ha in Panevėžys district. About 40 new jobs are planned (LRT reports around 50), with construction due to start in early 2027; most output is intended for export (Invest Lithuania, 17.09.2026). — Source: https://investlithuania.com/news/rsi-europe-to-invest-up-to-e50m-in-strengthening-lithuanias-defence-industry/</summary>
  </entry>
  <entry>
    <title>🏭 US Ballistic to build $25m ammunition line in Sadu, 150 jobs (Romania)</title>
    <link href="https://eurotrack.ai/en/developments/60835b2a-us-ballistic-to-build-25m-ammunition-line-in-sadu-150-jobs/"/>
    <id>tag:eurotrack.ai,2026:60835b2a:en</id>
    <updated>2026-09-15T06:00:00Z</updated>
    <summary>US company US Ballistic is building a 155mm NATO ammunition production line at the Uzina Mecanică Sadu site (Gorj county); Romania's defence minister Radu Miruță signed the contract on 15.09.2026 in Târgu Jiu. The investment is US$25 million over five years, creating 150 jobs in the first two years and more thereafter. Uzina Mecanică Sadu receives around €20 million in rent over ten years, the first year paid in advance, and the upgraded infrastructure remains the plant's property (Digi24, 15.09.2026). — Source: https://www.digi24.ro/stiri/actualitate/investitie-americana-de-25-de-milioane-de-dolari-la-sadu-fabrica-de-munitie-nato-aduce-tehnologie-de-varf-si-150-de-locuri-de-munca-3949083</summary>
  </entry>
  <entry>
    <title>🏭 Rheinmetall builds Nordhessen defence hub for €285m, 1,000 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/014d3630-rheinmetall-builds-nordhessen-defence-hub-for-285m-1-000/"/>
    <id>tag:eurotrack.ai,2026:014d3630:en</id>
    <updated>2026-08-27T06:00:00Z</updated>
    <summary>Rheinmetall and the state of Hesse signed a memorandum of understanding on 27 August 2026 for the 'Defence Hub Nordhessen': Rheinmetall is investing over €260 million in expanding tank production at its Kassel main plant, a logistics and technology centre with over 30,000 m² of floor space at Kassel-Calden airport (operations from end-2027) and a test centre for military drones; the state contributes €25 million. More than 1,000 new jobs are to be created at the Kassel and Calden sites (Hessian state government press release; hessenschau; Behörden Spiegel, 2 September 2026). — Source: https://hessen.de/presse/dreistelliger-millionenbetrag-fuer-den-aufbau-des-defence-hub-nordhessen</summary>
  </entry>
  <entry>
    <title>🏭 Wolfram Europa builds explosives and ammunition plant near Jēkabpils (Latvia / Estonia)</title>
    <link href="https://eurotrack.ai/en/developments/350712cb-wolfram-europa-builds-explosives-and-ammunition-plant-near/"/>
    <id>tag:eurotrack.ai,2026:350712cb:en</id>
    <updated>2026-08-27T06:00:00Z</updated>
    <summary>Estonian arms and ammunition maker Wolfram Europa is building a combat munitions plant on about 40 ha south of Jēkabpils; the exact site is not disclosed for security reasons. Investment is to rise from about €50m initially to up to €200m over three phases, creating around 200 jobs, with production due to start in the second half of 2027. The government has earmarked €4.8m as a capital grant, payable only if conditions such as €150m of exports in the first phase are met (LSM English, 27 Aug 2026). — Source: https://eng.lsm.lv/article/society/defence/27.08.2026-explosives-factory-being-built-near-jekabpils-latvia.a660549/</summary>
  </entry>
  <entry>
    <title>🏭 Mesko to supply Piorun air defence to four NATO states for €1.9bn (Poland)</title>
    <link href="https://eurotrack.ai/en/developments/67051bae-mesko-to-supply-piorun-air-defence-to-four-nato-states-for/"/>
    <id>tag:eurotrack.ai,2026:67051bae:en</id>
    <updated>2026-08-24T06:00:00Z</updated>
    <summary>The SAFE-financed contract covers several hundred launchers and several thousand missiles for Poland, Norway, Lithuania and Latvia, with over 80% going to the Polish army (Notes from Poland, 25 Aug 2026). — Source: https://notesfrompoland.com/2026/08/25/polands-mesko-signs-e1-9bn-deal-to-supply-piorun-air-defence-systems-to-four-nato-countries/</summary>
  </entry>
  <entry>
    <title>🏭 Ukraine's DEMZ sets up ammunition production in Lithuania with up to 450 jobs (Lithuania / Ukraine)</title>
    <link href="https://eurotrack.ai/en/developments/0f82e7a4-ukraine-s-demz-sets-up-ammunition-production-in-lithuania/"/>
    <id>tag:eurotrack.ai,2026:0f82e7a4:en</id>
    <updated>2026-08-14T06:00:00Z</updated>
    <summary>Ukrainian defence company DEMZ and the Lithuanian government have signed an investment agreement: DEMZ plans to build an ammunition assembly plant near Balbieriškis in Prienai district and manufacture shell components in the Alytus Industrial Park, creating up to 450 jobs. Construction is due to begin in autumn 2026 and production to start by the end of 2027; the investment amount was not disclosed, the mayor of Alytus spoke of tens of millions of euros. The Ministry of Defence signed a memorandum of understanding in parallel (LRT English, 14 Aug 2026). — Source: https://www.lrt.lt/en/news-in-english/19/3021276/ukraine-s-demz-signs-deal-with-lithuania-on-ammunition-production</summary>
  </entry>
  <entry>
    <title>🏭 Indra invests €18m in As Pontes plant, up to 120 jobs (Spain)</title>
    <link href="https://eurotrack.ai/en/developments/34ec4264-indra-invests-18m-in-as-pontes-plant-up-to-120-jobs/"/>
    <id>tag:eurotrack.ai,2026:34ec4264:en</id>
    <updated>2026-07-30T06:00:00Z</updated>
    <summary>Spanish technology and defence group Indra is building its second Galician land systems plant in As Pontes for €18 million: around 15,000 m² of built space plus a dedicated test track will go up on a site of more than 50,000 m². It will produce amphibious combat vehicles, bridge-laying vehicles and wheeled artillery systems for the Spanish armed forces. Indra cites 70 to 120 highly qualified direct jobs plus indirect employment at suppliers; the project is part of a wider Indra plan worth more than €200 million, of which only the As Pontes plant has been firmly confirmed so far. — Source: https://www.infodefensa.com/texto-diario/mostrar/5971063/indra-apuesta-final-as-pontes-galicia-segunda-fabrica-vehiculos-militares</summary>
  </entry>
  <entry>
    <title>🏭 YIT to build tank assembly plant in Kaunas for around €30m (Lithuania)</title>
    <link href="https://eurotrack.ai/en/developments/f2b826a4-yit-to-build-tank-assembly-plant-in-kaunas-for-around-30m/"/>
    <id>tag:eurotrack.ai,2026:f2b826a4:en</id>
    <updated>2026-07-27T06:00:00Z</updated>
    <summary>Finnish construction group YIT announced on 27 July 2026 that it had signed a contract to build an assembly and maintenance plant for Leopard 2A8 main battle tanks in the Kaunas Free Economic Zone. The client is state-owned UAB Lithuania Defence Services; the contract, worth around €30m, will be booked in YIT's third-quarter order intake. A main production hall and ancillary buildings will be built on almost ten hectares, where a large share of Lithuania's future tank fleet is to be assembled and maintained over the long term. Construction starts in August 2026 and is scheduled for completion in November 2027; the project uses a design-and-build model with building information modelling, and the plant is to meet Lithuania's highest A++ energy efficiency class. The source cites YIT itself as well as Army Recognition and Finnish broadcaster Yle. — Source: https://www.portfolio.hu/global/20260728/apro-nato-tagallamban-fogjak-gyartani-europa-legjobb-pancelosat-tizmillios-beruhazas-kezdodik-852486</summary>
  </entry>
  <entry>
    <title>🏭 Report: Nitro-Chem and BAE Systems plan UK munitions plant (United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/26528048-report-nitro-chem-and-bae-systems-plan-uk-munitions-plant/"/>
    <id>tag:eurotrack.ai,2026:26528048:en</id>
    <updated>2026-07-27T06:00:00Z</updated>
    <summary>Reported by a single source (Rzeczpospolita/radar.rp.pl, 27 July 2026): Bydgoszcz-based explosives maker Nitro-Chem and British defence group BAE Systems signed a letter of intent at the MESKO plant in Kraśnik on 27 July 2026 covering investment in and development of energetic materials production in the United Kingdom. Nitro-Chem — according to the source NATO's largest TNT producer, with annual output of around 10,000 tonnes — is to contribute its know-how; the planned British factory would add 2,000 tonnes per year and make UK production of 155mm artillery shells less dependent on imports. So far this is only a letter of intent; if realised it would be, according to the source, the first foreign investment in the history of Polska Grupa Zbrojeniowa. Site, investment volume and timetable have not yet been named. — Source: https://radar.rp.pl/modernizacja-sil-zbrojnych/art44893161-historyczny-moment-polacy-naucza-brytyjczykow-produkowac-materialy-wybuchowe</summary>
  </entry>
  <entry>
    <title>🏭 Native Trading agrees €70-90m rocket plant deal in Latvia (Latvia)</title>
    <link href="https://eurotrack.ai/en/developments/7cc76398-native-trading-agrees-70-90m-rocket-plant-deal-in-latvia/"/>
    <id>tag:eurotrack.ai,2026:7cc76398:en</id>
    <updated>2026-07-24T06:00:00Z</updated>
    <summary>On 24 July 2026 Economics Minister Viktors Valainis signed a memorandum of understanding with US company Native Trading on building a full-cycle artillery rocket factory in Latvia: solid propellant production, warhead filling, final assembly and qualification testing at a single site. The project volume is put at €70–90m; the location is still being evaluated. The memorandum gives no concrete figure for new jobs, referring only to highly qualified employment. This is a declaration of intent, not a binding investment decision. The project is separate from the already recorded artillery ammunition joint venture between Rheinmetall and Latvia's State Defence Corporation. — Source: https://lat.bb.lv/raksts/musu-latvija/2026/07/24/parakstits-saprasanas-memorands-par-pilna-cikla-artilerijas-rakesu-razotnes-attistibu-latvija-107363</summary>
  </entry>
  <entry>
    <title>🏭 Rheinmetall expands Aschau powder plant, adding up to 500 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/17a4ecf5-rheinmetall-expands-aschau-powder-plant-adding-up-to-500/"/>
    <id>tag:eurotrack.ai,2026:17a4ecf5:en</id>
    <updated>2026-07-22T06:00:00Z</updated>
    <summary>As part of its 'Firepower' programme, Rheinmetall is expanding its subsidiary Nitrochemie's powder plant in Aschau am Inn into Europe's largest propellant powder factory: annual capacity rises from 1,700 to 4,200 tonnes and cartridge module production from 300,000 to 1 million units; production starts in 2027 with full utilisation in 2028. The workforce is to grow from around 800 to about 1,300 and site revenue to as much as €700m; CEO Papperger points to NATO ammunition supply including deliveries to Ukraine. Sources differ slightly on the investment (€350m vs. approx. €500m) and job figure (500 vs. up to 600). Second source: t-online/Munich. — Source: https://www.insuedthueringen.de/inhalt.rheinmetall-pulverfabrik-in-aschau-soll-produktion-mehr-als-verdoppeln.1fad7363-ca11-4da1-9e32-857a6d4dae3a.html</summary>
  </entry>
  <entry>
    <title>🏭 Jelcz and Rosomak set up new production line in Racibórz (Poland)</title>
    <link href="https://eurotrack.ai/en/developments/98392a6f-jelcz-and-rosomak-set-up-new-production-line-in-raciborz/"/>
    <id>tag:eurotrack.ai,2026:98392a6f:en</id>
    <updated>2026-07-16T06:00:00Z</updated>
    <summary>Defence firms Jelcz and Rosomak (both Polska Grupa Zbrojeniowa) signed a sub-lease agreement on 16 July for a new production facility in Racibórz to build Jelcz chassis and Rosomak hulls (target capacity up to 700 chassis per year). The source gives no specific number of new jobs. — Source: https://www.defence24.pl/przemysl/jelcze-i-korpusy-rosomaka-powstana-w-raciborzu-jest-umowa</summary>
  </entry>
  <entry>
    <title>🤝 Thales to acquire Exail for about €3.9bn (France)</title>
    <link href="https://eurotrack.ai/en/developments/a318b5f7-thales-to-acquire-exail-for-about-3-9bn/"/>
    <id>tag:eurotrack.ai,2026:a318b5f7:en</id>
    <updated>2026-07-06T06:00:00Z</updated>
    <summary>Thales is buying the Gorgé family's stake in drone, navigation and maritime technology maker Exail and will then offer all other shareholders €134 per share; the enterprise value is about €3.9bn. Exail's earlier talks with Safran had ended without agreement (Inside Unmanned Systems, 6 July 2026). Update (30 July 2026): Thales and Exail have signed the agreement on the offer (Baird Maritime, 30 July 2026). — Sources: https://insideunmannedsystems.com/thales-to-acquire-exail-in-e3-9-billion-deal-beating-out-safran/ · https://www.bairdmaritime.com/security/naval/unmanned-naval-systems/thales-moves-closer-to-acquiring-exail-with-new-tender-offer-agreement</summary>
  </entry>
  <entry>
    <title>🤝 FN Browning Group to acquire rifle maker Accuracy International (Belgium / United Kingdom)</title>
    <link href="https://eurotrack.ai/en/developments/88ad1a72-fn-browning-group-to-acquire-rifle-maker-accuracy/"/>
    <id>tag:eurotrack.ai,2026:88ad1a72:en</id>
    <updated>2026-05-28T06:00:00Z</updated>
    <summary>Belgium's FN Browning Group agreed on 28 May 2026 to acquire Portsmouth-based precision rifle maker Accuracy International; no price was disclosed, and the brand and its UK and US manufacturing are retained (adj.com.my, 28 May 2026). Update (30 October 2026): the acquisition has been completed (Soldier Systems, 30 October 2026). — Sources: https://adj.com.my/2026/05/28/fn-browning-group-acquires-accuracy-international/ · https://soldiersystems.net/2026/10/30/accuracy-international-joins-fn-browning-group/</summary>
  </entry>
  <entry>
    <title>🏭 ARCA to build €300m ammunition plant in Põhja-Kiviõli (Estonia / Turkey)</title>
    <link href="https://eurotrack.ai/en/developments/461f0129-arca-to-build-300m-ammunition-plant-in-pohja-kivioli/"/>
    <id>tag:eurotrack.ai,2026:461f0129:en</id>
    <updated>2026-05-26T06:00:00Z</updated>
    <summary>Turkish defence group ARCA has confirmed through its Estonian subsidiary that it will build a factory for 155 mm artillery shells, mortar rounds and 122 mm rockets at the Põhja-Kiviõli defence industry park in Ida-Viru, at its own expense. Up to 1,000 jobs are to be created and production is to start in 2028; the state provides a 141-hectare plot and contributes up to €10m for access roads, fencing and utility connections (estonia.ee citing ERR, 26 May 2026). — Source: https://estonia.ee/stories/estonia-300m-defence-industry-investment</summary>
  </entry>
  <entry>
    <title>🤝 Amper to buy radio specialist Teltronic for up to €225m (Spain)</title>
    <link href="https://eurotrack.ai/en/developments/2bf81fb6-amper-to-buy-radio-specialist-teltronic-for-up-to-225m/"/>
    <id>tag:eurotrack.ai,2026:2bf81fb6:en</id>
    <updated>2026-05-07T06:00:00Z</updated>
    <summary>Spanish technology group Amper has agreed with private equity firm Nazca Capital to buy 100% of Teltronic, a Zaragoza-based specialist in mission-critical radio (TETRA, LTE, 5G). The fixed price of €155m is paid €111m in cash and €44m in new Amper shares, plus a performance-related earn-out of up to €45m; in total the deal can reach €225m (Nazca Capital, 7 May 2026; The Critical Communications Review). Update (15 June 2026): Amper has completed the purchase of Teltronic from Nazca Capital and informed the securities regulator CNMV. (Forbes España, 15 June 2026) — Sources: https://www.nazca.es/en/noticias/amper-nazca-sale-teltronic-ddefence-security/ · https://www.criticalcommunicationsreview.com/ccr/news/118701/amper-to-acquire-teltronic-from-nazca · https://forbes.es/ultima-hora/956462/amper-completa-la-compra-de-teltronic-a-nazca-operacion-valorada-en-un-maximo-de-225-millones/</summary>
  </entry>
  <entry>
    <title>🤝 THEON to acquire 80% of French gimbal maker MERIO (France)</title>
    <link href="https://eurotrack.ai/en/developments/a9967bcd-theon-to-acquire-80-of-french-gimbal-maker-merio/"/>
    <id>tag:eurotrack.ai,2026:a9967bcd:en</id>
    <updated>2026-05-04T06:00:00Z</updated>
    <summary>THEON has agreed binding terms with exclusivity with RPL Développement to buy 80% of French stabilised camera system maker MERIO; MERIO is expected to post revenue of more than €15m in 2026, and THEON gives no price (THEON, 4 May 2026). Update (29 October 2026): all approvals have been obtained and completion is imminent (THEON, 29 October 2026). — Sources: https://theon.com/en/news/2026/theon-enters-into-binding-terms-exclusivity-agreement-for-the-acquisition-of-merio/ · https://via.ritzau.dk/pressemeddelelse/15256554/theon-international-plc?publisherId=90446</summary>
  </entry>
  <entry>
    <title>🏭 MBDA doubles investment to €5bn, hiring 2,800 in 2026 (France / United Kingdom / Italy / Germany)</title>
    <link href="https://eurotrack.ai/en/developments/5525e1b0-mbda-doubles-investment-to-5bn-hiring-2-800-in-2026/"/>
    <id>tag:eurotrack.ai,2026:5525e1b0:en</id>
    <updated>2026-04-06T06:00:00Z</updated>
    <summary>The European missile manufacturer is doubling its investment planning to €5 bn by 2030 for plants, facilities and R&amp;D and aims to increase production by a further 40% in 2026. In 2026 alone, around 2,800 new hires are planned. — Source: https://www.overtdefense.com/2026/04/06/mbda-doubles-missile-production-and-plans-e5-billion-investment/</summary>
  </entry>
  <entry>
    <title>🏭 ZVS Holding and Eurenco build propellant charge plant in Strážske for about €300m (Slovakia / France)</title>
    <link href="https://eurotrack.ai/en/developments/e57f0fd1-zvs-holding-and-eurenco-build-propellant-charge-plant-in/"/>
    <id>tag:eurotrack.ai,2026:e57f0fd1:en</id>
    <updated>2026-03-05T06:00:00Z</updated>
    <summary>A plant for modular artillery propellant charges is being built at the former Chemko site in Strážske in eastern Slovakia as a joint venture of the semi-state ZVS Holding and the French defence manufacturer Eurenco. The project costs about €300m, the plant is to produce more than 100,000 propellant charges a year, and production is planned for 2028; Defence Minister Robert Kaliňák expects hundreds of new jobs, but the source gives no figure (STVR, 5 Mar 2026). — Source: https://enrsi.stvr.sk/articles/news/435779/new-artillery-powder-plant-planned-in-eastern-slovakia</summary>
  </entry>
  <entry>
    <title>🏭 Rheinmetall to build €275m ammunition plant near Riga, 150 jobs (Latvia)</title>
    <link href="https://eurotrack.ai/en/developments/3e076c4e-rheinmetall-to-build-275m-ammunition-plant-near-riga-150/"/>
    <id>tag:eurotrack.ai,2026:3e076c4e:en</id>
    <updated>2025-09-26T06:00:00Z</updated>
    <summary>Joint venture (51% Rheinmetall, 49% Latvian State Defence Corporation) for an artillery ammunition plant in Latvia. Construction start spring 2026, production start around spring 2027 with tens of thousands of 155 mm shells per year. — Source: https://www.fw-mag.com/shownews/716/rheinmetall-strengthens-european-defence-base-with-euro-275-million-latvian-ammunition-facility</summary>
  </entry>
  <entry>
    <title>🤝 STV Invest to take indirect 17.5% stake in Tatra Trucks (Czech Republic)</title>
    <link href="https://eurotrack.ai/en/developments/cc1e3d67-stv-invest-to-take-indirect-17-5-stake-in-tatra-trucks/"/>
    <id>tag:eurotrack.ai,2026:cc1e3d67:en</id>
    <updated>2025-04-08T06:00:00Z</updated>
    <summary>Czech defence group STV Invest, owned by businessman Martin Drda, is buying half of Promet Tools (Promet Group), which holds 35% of truck maker Tatra Trucks in Kopřivnice, giving it an indirect 17.5% stake; NIKA Development of Michal Strnad's CSG group remains majority owner with 65%. The parties did not disclose a price (STV Group, 08.04.2025; E15, 08.04.2025). Update (06.10.2026): The European Commission cleared the acquisition of joint control of Tatra Trucks by NIKA Development, Promet Group and STV Invest, finding no competition concerns (case M.12172) — despite CSG owner Michal Strnad's displeasure at the rival's entry (European Commission, Daily News, 06.10.2026; Hospodářské noviny, 06.10.2026). — Sources: https://www.stvgroup.cz/en/news/promet-group-and-stv-invest-form-strategic-ownership-partnership-for-tatra-trucks-to-strengthen-its-further-development · https://www.e15.cz/byznys/prumysl-a-energetika/z-rivalu-se-stavaji-spolumajitele-zbrojovka-stv-vstupuje-do-tatry-ovladane-jejim-konkurentem-1423767 · https://byznys.hn.cz/c1-67940530-stv-se-stane-spolumajitelem-tatry-i-pres-nelibost-strnada-dohodu-schvalila-evropska-komise · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2088</summary>
  </entry>
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