Estonian defense minister warns of sharp rise in European defense procurement costs

Estonian Defense Minister Hanno Pevkur said prices for some defense products in Europe have increased by up to 60% over the past two years amid accelerated NATO rearmament efforts.

Czech-led cyber defense firm Exaforce raises €106 million in Series B round

Exaforce, a Czech-led cyber defense platform, has secured €106.8 million in Series B funding led by international investors. The round increases the company’s total funding to approximately €200 million within two years.

GoPro to expand into defense and aerospace sector

GoPro said it is evaluating opportunities in the defense and aerospace market as the company seeks to diversify beyond its traditional consumer business.

Lithuania Seeks to Integrate Finnish Total Defense Model

Lithuania plans to adopt elements of Finland’s total defense model to strengthen national resilience, civil preparedness, and military coordination amid growing regional security concerns.

Saab and PGZ Expand Polish Swedish Naval Defense Cooperation

Saab and Poland’s PGZ signed a naval cooperation agreement covering submarine support, underwater technologies, and industrial collaboration linked to Poland’s maritime modernization efforts.

THEON Invests in U.S. AI Firm Twin Prime, Plans Greece-Based Joint Venture

THEON International has announced a strategic investment in U.S.-based artificial intelligence company Twin Prime as part of a broader effort to expand AI integration across its electro-optical systems portfolio.

Latvian Prime Minister Resigns Following Drone Defense Crisis

Latvian Prime Minister Evika Silina announced her resignation on May 14, triggering the collapse of the country’s governing coalition months ahead of parliamentary elections scheduled for October. The political crisis intensified after the withdrawal of support from the Progressives party, which left Silina’s administration without a majority in

Croatia Advances €1.7 Billion Defense Procurement Plan Under EU SAFE Framework

Croatia has submitted a proposal for approximately €1.7 billion in defense procurement projects under the European Union’s SAFE financing instrument. The package includes air defense systems, HIMARS rocket launchers, Leopard 2A8 tanks, and additional CAESAR artillery systems.

Poland’s NPGM Launches Capital Raise to Expand Ammunition Production

Polish defense manufacturer Niewiadów Polska Grupa Militarna plans to raise up to PLN220 million to support production expansion and infrastructure investments.

Serbian and Hungarian Air Forces Conduct Joint Military Exercise

Serbian and Hungarian armed forces carried out a bilateral air exercise focused on helicopter operations and cross-border coordination. The training involved transport, search and rescue, and tactical flight activities.

PGZ Presents Export Variant of Borsuk IFV With Slovak Turra 30 Turret at IDEB 2026

Polska Grupa Zbrojeniowa has unveiled an export configuration of the Borsuk infantry fighting vehicle during the IDEB 2026 exhibition in Bratislava. The platform combines the Polish UMPG tracked chassis with the Slovak-developed Turra 30 unmanned turret.

FNSS and CSG Unveil CFL-120 KARPAT Medium Tank at IDEB 2026

FNSS and Czech defense group CSG unveiled the CFL-120 KARPAT medium tank during IDEB 2026 in Slovakia, where AdriaDefense was present. The platform combines the KAPLAN MT chassis with Leonardo’s HITFACT MKII 120 mm turret for the European market.