Czech Republic
Czechoslovak Group (CSG) has launched two new artificial intelligence companies — JATISmro and Tendrio — aimed at improving maintenance efficiency and accelerating tender evaluations. The move strengthens CSG’s position as a technology leader in aerospace and defense innovation.
Czech Republic
Czechoslovak Group (CSG), one of Europe’s fastest-growing defense manufacturers, has added several major European and U.S. banks to its advisory team as it moves closer to a potential €3 billion initial public offering, according to Bloomberg.
Forecasts
Europe’s rearmament push is fueling a decade-long boom for its defense industry, with revenues forecast to grow 10.5% to 11.5% annually as nations meet NATO’s 2035 targets. Germany and Eastern Europe lead the surge, while fiscal strains and politics could test the continent’s resolve.
Czech Republic
Czech defense giant CSG has launched AviaNera Technologies to spearhead its entry into the unmanned aerial systems market, uniting R&D, production, and sales under one roof as Europe races to close its drone gap.
Michal Strnad
In a move that underscores Czechoslovak Group’s (CSG) growing ambitions on the global stage, billionaire defense industrialist Michal Strnad has enlisted one of the Czech Republic’s most respected dealmakers, Tomáš Brzobohatý, as a key advisor on mergers, acquisitions, and corporate strategy.
CSG
MSM North America, a U.S.-based subsidiary of the European Czechoslovak Group (CSG), has been awarded a U.S. Army contract worth up to $632 million to design, construct, and commission the Future Artillery Complex (FAC) — the most advanced large-caliber ammunition loading facility in North America.
CSG
Czech defense conglomerate Czechoslovak Group (CSG) is preparing to begin military-grade nitrocellulose production within the next two years, as part of its vertical integration strategy in ammunition manufacturing.