DEFENSE
31 articole · RSS
Romania And Republic Of Moldova Have Signed Their First Joint Military Procurement Agreement Under The SAFE
Romania and the Republic of Moldova have signed their first joint military procurement agreement under the SAFE program, whereby Moldova will receive 62 IVECO trucks, in three configurations. The platforms will be manufactured, integrated and tested in Romania...
US Ballistic To Build NATO Ammunition Factory In Sadu In $25M Investment
US Ballistic, a US-held company will build a factory in Targu Jiu to manufacture 155 mm NATO ammunition, following a contract signed Tuesday with Uzina Mecanica Sadu. The announced investmen...
KPMG: CEE Becomes New Center of Gravity of Europe Defense Industry
Central and Eastern Europe stands at a decisive moment of industrial transformation. The sustained increase in European defense spending and the shift from one off procurement toward continu...
Compa Signs Major Defense Contract with UK Player
Car parts manufacturer Compa Sibiu announced it signed a significant contract in the defense industry.
Iohannis: Romania To Increase Defense Spending To 2.5% Of GDP In The Current Security Context
President Klaus Iohannis said on Tuesday, in the context of Russia’s invasion of neighboring Ukraine, that Romania would increase the government expenditure on defense to 2.5% of gross domes...
Romania Ranks Sixth In The EU By Ratio Of Government Defense Expenditure To GDP
Romania ranks sixth among European Union Member States, with a 1.7% ratio of general government expenditure on defense to GDP in 2019, Eurostat, the statistical office of the European Union,...
Dendrio Solutions to Supply IT Equipment to Defense Ministry Under RON22.8M Contract
Dendrio Solutions, owned by Bittnet Systems (simbol bursier BNET.RO), has signed a RON22.8 million framework agreement with the Ministry of Defense for the provision of IT&C equipment.
US And Middle Eastern Contracts Take Romarm’s Exports To Almost $95M In 2015
Defense company Romarm, a state-owned manufacturer of weapons and military equipment, exported $94.5 million worth this year, almost 10% more than in 2014.
Over 800 Persons In Defense Sector Companies Laid Off By 2017
Romanian Ministry of Economy, Commerce and Tourism plans to lay off over 800 persons in the defense sector companies between 2015 and 2017.