Bosnia and Herzegovina
Bosnia and Herzegovina ammunition manufacturer Igman closed 2025 with a loss of approximately €7.8 million. The company reduced losses during the second half of the year after a significantly weaker first half. Management indicated that financial performance improved toward the end of the year.
Bosnia and Herzegovina
Bosnia and Herzegovina’s defense industry recorded export growth in 2025, with total deliveries exceeding €300 million. The increase comes amid broader trade disruptions that have negatively affected the country’s external trade, including exports to the United States.
Bosnia and Herzegovina
A recent defense cooperation agreement between Indonesia and Bosnia and Herzegovina reflects the expanding international reach of Asian middle powers in the global arms market. The arrangement underscores Southeast Asia’s growing defense-industrial ambition beyond its immediate region.
Bosnia and Herzegovina
A central Bosnian defense manufacturer has posted a record financial year, pointing to a broader revival of the country’s military industry as rising global demand fuels new production and investment.
Bosnia and Herzegovina
Bosnia and Herzegovina’s defense industry recorded its first export slowdown in years, as external trade barriers and internal production challenges disrupted a sector long driven by strong global demand.