A defense industry park planned near Parnu could largely be built underground, members of the Riigikogu’s defense committee said, drawing on the lessons of the Russian war in Ukraine. Construction for the base infrastructure of the facility, near Tostamaa, Parnu County, is planned to start this year, with a current budget of EUR 50 million.…
The Government is developing a grant programme for businesses building new production facilities in the defence sector. This was stated by Prime Minister of Ukraine Denys Shmyhal during a session of the Cabinet of Ministers on April 11. He said that from now on, Ukrainian manufacturers of weapons components could receive a grant of up…
President Volodymyr Zelensky displayed the best models of drones produced by the Ukrainian defense industry to Belgian Prime Minister Bart De Wever and representatives of ten Belgian defense companies. These advanced drones are currently in active use on the battlefield. The Head of State highlighted the significance of collaboration between the defense industries of Ukraine…
In January-March, Ukrainian defense industry companies obtained preferential loans worth UAH 463 million, the Ukrainian Strategic Industries Ministry said on Facebook. “During 2025, seven loans were provided, totaling UAH 463 million. Currently, more than 10 loans have been approved, and more than 70 applications are pending at different stages,” the report states. At the moment,…
Lithuania is set to buy two attack boats from Finland for its Navy for 22 million euros, the Defence Ministry has announced. The Defence Materiel Agency signed the contract for the purchase of the multifunctional attack boats jointly with Latvia’s Defence Ministry, it said in a press release on April 7. The value of the…
Estonia has opted to develop its defense against ballistic missiles, likely meaning an investment of over 1 billion euros. The top contenders for procurement currently include air defense systems made by Israel, the U.S., including the Patriot system and the French-Italian consortium Eurosam. Defense Minister Hanno Pevkur (Reform) in September 2023 signed an agreement in…
Latvia’s so-called government reboot resulted in the replacement of three ministers and appears, at least for now, to have come to an end. At the same time, the coalition must find funding to increase defense spending and reduce bureaucracy. Latvia’s plans – particularly for developing its defense industry – are ambitious. The government has recently…