Italy
Italy Signals Possible Withdrawal From EU Defense Fund Dispute
Italy has warned it could withdraw from a European Union defense financing initiative amid disagreements linked to energy sector policies and industrial priorities.
Industry
Insights into defense and ammunition manufacturing across Europe — from regional suppliers to global industry leaders driving investment, innovation, and security.
Industry
European Militaries Face Growing Challenges in Integrating New Defense Technologies
Defense officials and industry representatives highlighted technology integration as a growing challenge for modern armed forces during regional discussions on military modernization. I
Romania
LIG Nears Completion of Romanian Chiron MANPADS Deliveries
South Korea’s LIG Defence & Aerospace is close to completing deliveries of Chiron man portable air defense systems ordered by Romania in 2023. The final shipment is expected by the end of May 2026. Discussions on additional procurement are ongoing.
Kosovo
Turkey to Build Ammunition Plant in Kosovo, Expanding Strategic Footprint in the Balkans
Türkiye’s state-owned MKE will build an ammunition plant in Kosovo with a 20-million-cartridge annual capacity by 2026, deepening Ankara’s defense presence in the Balkans.
Cyprus
Royal Marines air defense teams support UK operations in Eastern Mediterranean
UK Royal Marines air defense specialists have been deployed in Cyprus and the Eastern Mediterranean to support British military operations and regional force protection missions.
Estonia
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.
Startups
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.
Industry
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
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.
Poland
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.
Greece
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.
Latvia
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