Israel
Israel has completed the nationwide rollout of thousands of ARAD rifles to rapid response units under a $31 million procurement program, including a 10-year maintenance and sustainment package aimed at long-term readiness and standardization.
Hungary
Hungarian 4iG Space and Defence Technologies has secured exclusive rights to represent and sell TATRA’s military vehicles in Hungary, with the partnership also exploring local production and deeper defence-industrial cooperation.
Kosovo
Kosovo has received Roketsan’s OMTAS medium-range anti-tank missile system, enhancing the Kosovo Security Force’s ability to counter modern armored threats and improve infantry-level firepower.
Czech Republic
Czech defence giant Czechoslovak Group (CSG) is considering a partial IPO that could see around 15% of its shares floated, giving the fast-growing company new firepower for acquisitions as Europe’s defence sector accelerates consolidation.
The European Union has opened applications for the Spring 2026 cohort of the EUDIS Business Accelerator, a flagship initiative under the EU Defence Innovation Scheme (EUDIS), aimed at accelerating the industrial readiness of defence-focused startups and scale-ups across Europe. The Call for Applications runs from 16 December 2025 to 25
Israel
Elbit Systems has won $150 million in contracts to equip European NATO CV90 infantry fighting vehicles with its Iron Fist Active Protection System, following a landmark European trial intercepting multiple 120 mm kinetic-energy tank rounds.
Lithuania
Lithuania has signed a €320 million contract with Saab for Bolide missiles for its RBS 70 air-defence systems, securing long-term ammunition supplies through the early 2030s as Vilnius continues to expand and modernise its short-range air-defence capabilities.
Bosnia and Herzegovina
BNT-TMiH director Besim Belegic says the company has not formally received a decision revoking its drone production license and insists operations will continue, as Bosnia and Herzegovina’s Ministry of Foreign Trade cites multiple alleged legal and technical irregularities.
Poland
Poland’s state-owned defense group PGZ is preparing a potential multi-billion-euro bond issue in 2026 while also analyzing acquisitions outside Poland, as rising profits and strong banking support underpin an ambitious expansion strategy.
Bosnia and Herzegovina
Bosnia and Herzegovina’s Ministry of Foreign Trade and Economic Relations has revoked the drone production license of BNT Novi Travnik following inspection findings that cited violations of the Law on the Production of Arms and Military Equipment.
Poland
The United States will invest over $500 million to modernise four military bases in Poland, reinforcing NATO’s eastern flank and signalling a long-term commitment to US–Polish defence cooperation.
Opinion
As Europe re-arms and defense capital floods Western hubs, Bosnia and Serbia remain absent from the defense-tech map—pushed into a low-margin subcontractor role despite strong industrial and engineering foundations.