Poland
The EU’s EUR 150 billion SAFE financing framework offers a major boost to European rearmament but ties funding to strict delivery deadlines. With equipment required by 2030, defense manufacturers face unprecedented pressure to expand capacity and stabilize supply chains.
Germany
Israel Aerospace Industries has secured a follow-on contract valued at approximately $3.1 billion to expand Germany’s procurement of the Arrow 3 missile defense system. The agreement forms part of a broader bilateral program whose total value is expected to exceed $6.5 billion.
Latvia
British defense firm Babcock has partnered with Latvia-based Frankenburg Technologies to explore a new, low-cost maritime counter-drone capability. The effort focuses on countering one-way attack drones using a containerized launcher and affordable interceptors designed for scalable production.
Latvia
SEB Bank has provided €250,000 in working capital financing to Latvian defence startup Natrix, supporting production and contract execution of its modular unmanned ground vehicle designed for military logistics and evacuation missions.
Lithuania
Lithuania’s Ministry of Defence has allocated €24.2 million for the Lithuanian Riflemen’s Union in 2026, supporting expanded civil resistance training, new equipment procurement, and deeper integration with the armed forces.
Latvia
Latvia has begun construction of a 155 mm modular propellant charge factory in the forests of Iecava, designed to produce up to 50,000 charges annually for domestic use and NATO partners, with operations set to begin in Q3.
Germany
Rheinmetall and MBDA plan to form a joint private limited company in early 2026 to develop naval laser weapon systems, building on a demonstrator that has completed extensive sea and land-based testing against drone and agile aerial threats.
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.
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.